Looks like Mastercard is testing out biometrics for payments. Face or palm scanning tech which clearly requires a whole new and far more expensive piece of tech for the point of sale to have, and requires people to upload their face or palmprint to mastercard’s database. That’s a disaster waiting to happen especially when facial-recognition can already be abused in seconds.
Just saying that implants would solve all their problems…
I am worried that the CC companies and tech are going to completely bypass implant tech. It’s legitimately hard to argue that physically putting something inside your body is a reasonable solution in comparison to something like a payment ring which more easily notches in much better with their established expiration frameworks.
Biometric payment is obviously a ridiculous idea without some form of 2FA.
If it goes forward it will probably work like contactless cards in EU do now. Bigger transaction are always authenticated by pin and once a while even small will require authentication. And it can be counted as 2fa secure as now we have card and pin or something you have and something you know and this biometric would be something you are and something you know.