Wednesday, February 8, 2023

Mastercard introduces tech that lets you pay with your face or hand

The innovation allows users to validate payment easily by showing their faces or palm of their hand.

• May 17, 2022

Mastercard has launched a new technology that makes it possible for customers to carry out transactions by using faces and hands as a form of verification.

The technology that provides retailers with a more innovative option to make payment using fingerprints and face recognition, was launched Tuesday, May 17.

The recent development is a technology innovation that enables users to validate payment easily by showing their faces or palm of their hand.

Officials of Mastercard, said the programme has already gone live in São Paulo, Brazil, and would soon expand globally to other parts of the world.

Mastercard President, Ajay Bhalla, in an interview with CNBC, said “All the research that we’ve done has told us that consumers love biometrics.

“They want making a payment at a store to be as convenient as opening their phone,” he added.

Mastercard was created by an alliance of several regional bankcard associations in response to the BankAmericard issued by Bank of America, which later became the Visa credit card issued by Visa Inc.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette



Fuel scarcity happens everywhere; Nigerians should expect steady supply when Dangote begins operation: Mele Kyari

In an interview on Tuesday, CEO of NNPC, Mr Mele Kyari, described the fuel scarcity in the country as a “glitch”.

NNPC truck


Fuel Scarcity: NNPCL begins direct supply of petrol to IPMAN

IPMAN had earlier directed its members to suspend payment for products from source until further notice.



Boeing to cut at least 2,000 finance, HR jobs in 2023

Boeing said that it plans to outsource a third of the eliminated positions to India-based Tata Consulting Services in Bengaluru.

Nigerian Bar Association


Lawyers protest, boycott courts for three days over killings in Imo

The lawyers were protesting the killing of Nnaemeka Ugboma, chairman, Customary Court, Ejemekwuru in the Oguta LGA, on February 2, while presiding over a case.

Ishan Wahi


Ex-Coinbase manager pleads guilty to first-ever crypto insider trading

The former product manager is accused of committing wire fraud in connection with a scheme of insider trading in cryptocurrency assets.