Samsung, Mastercard Announce Biometric Card With Fingerprint Scanner for Secure Transactions

Samsung Cards will now come equipped with fingerprint readers to reduce contact at POS terminals.

Advertisement
By Satvik Khare | Updated: 5 March 2021 15:55 IST
Highlights
  • Samsung’s fingerprint-reading card to debut in South Korea
  • Mastercard showcased a similar technology in 2017
  • Will reduce contact points at POS terminals
Samsung, Mastercard Announce Biometric Card With Fingerprint Scanner for Secure Transactions

Samsung and Microsoft’s new collaboration will bring card payment security to a new front.

Photo Credit: Samsung

Samsung and Mastercard have agreed to collaborate on making card payments even more secure. They are going to incorporate a fingerprint sensor into Samsung Cards to reduce contact points at in-store payment terminals. Although this appears to be similar to Mastercard's Biometric Payment Card that was showcased a few years ago, the new cards will use a more secure chipset from Samsung's System LSI business. These new biometric cards can be used at any Mastercard chip or POS terminal.

Samsung said in a press release that the biometric cards will “integrate several key discrete chips, streamlining the overall component design and enabling more efficient development.” Earlier, MasterCard showcased a similar technology in September 2017 at the first Mastercard Innovation Forum in India.

“Drawing from our strong security solution background in various applications such as passports, credit cards, and mobile devices, we will work with Mastercard and Samsung Card to create an environment where consumers can use payment card services with an added peace of mind," said Harry Cho, Vice President, Samsung Electronics.

Samsung will be introducing the card later this year but will initially only offer it South Korea through its Samsung Card vertical. Samsung Card is a leading credit card business in the country and will begin gradually adopting the technology with corporate credit cards that have more international transactions.

Advertisement

“We have big data expertise and have set the standard in domestic market for digital transformation and fraud detection system (FDS).” said Hanjoo Yoo, Vice President, Planning & Communication, Samsung Card. “Leveraging these experiences, we will deliver a powerful solution to enhance payment experiences in close partnership with Samsung Electronics and Mastercard.”

Samsung hasn't announced any details on the card's global availability yet.

Advertisement


Is Samsung Galaxy S21+ the perfect flagship for most Indians? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below.

Affiliate links may be automatically generated - see our ethics statement for details.
 

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Advertisement

Related Stories

Popular Mobile Brands
  1. OTT Releases This Week: Ground Zero, Detective Sherdil, Found S2, and More
  2. Nothing Phone 3 to Get New Glyph Matrix Interface on the Rear Panel
  3. Oppo Reno 14 5G Series Teased to Launch in India Soon
  4. Samsung Galaxy M36 5G India Launch Date and Key Features Revealed
  5. Realme Buds Air 7 Pro Review: Eye-Catching Design, Thumping Bass
  6. Vivo X Fold 5 Dimensions, Charging Capacity Revealed Ahead of Launch
  7. BSNL Announces Name of Its 5G Service in India
  8. Google Messages Now Lets You Delete Messages for Everyone in RCS Chats
  9. World's Oldest Tailored Dress Found in Egyptian Tomb Dates Back Over 5,000 Years
  1. Fast Radio Bursts Reveal Universe’s Missing Matter Hidden in Cosmic Intergalactic Fog
  2. Apollo Astronauts Found Orange Glass Beads on the Moon, Scientists Now Know Why
  3. World’s Oldest Tailored Dress Found in Egyptian Tomb Dates Back Over 5,000 Years
  4. Ancient Footprints in White Sands Confirm Humans Reached America 23,000 Years Ago
  5. Humanoid Robot Achieves Controlled Flight Using Jet Propulsion and AI Systems
  6. Curiosity Rover Reaches Uyuni Quad, Begins New Mars Mapping and Surface Analysis Campaign
  7. NASA to Gather Reentry Imagery of European Commercial Capsule Using High-Altitude Aircraft
  8. ESA's Proba-3 Unveils First-Ever Artificial Solar Eclipse Images from Precision Satellite Formation
  9. My Hero Academia Final Season OTT Release Date Revealed: Everything You Need to Know
  10. NASA Study Reveals Correlation Between Earth’s Magnetic Field and Atmospheric Oxygen
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.