(14 January 2025 – United States) JP Morgan has introduced two proprietary in-store payment terminals featuring biometric authentication, set to launch for retailers later this year.
The new devices, the JP Morgan Paypad and Pinpad, have been in development for over a year and were tested through pilot programs.
These terminals allow merchants to securely accept multiple payment methods, including chip, contactless, swipe, QR codes, and biometric options like facial recognition and infrared palm vein scanning.
Initially available in the U.S. from the second half of 2025, the technology is expected to expand to international markets in the future.