Search
Close this search box.

Pin numbers soon to be irrelevant for Japanese banks

Japan
Uncategorized
FinTech, Merchant Acquiring, Payments, Technology

(19 April 2018 – Japan) JCB Co., is set to conduct a pilot trial in Japan of its contactless payment solution using fingerprint authentication.

JCB Biometrics Card will store fingerprint records on the card itself meaning merchants will not need any further equipment in order to be able to accept payment using the fingerprint as authentication.

The pilot trial will issue the JCB Biometric Card to JCB employees from April. Once card users have recorded their fingerprints using a smartphone or tablet app, they can make purchases via fingerprint authentication at any merchant accepting JCB Contactless payments.

“With the new JCB Biometrics Card, strict security is upheld with fingerprint authentication for any payment method, while maintaining efficiency and speedy,” a press release issued on the trial stated.

Connect
with East

At East & Partners we work together as one firm to serve our clients wherever they need us.

Our collective knowledge and experience across globalĀ  markets helps us guide clients on the intricacies of each region while enabling cohesion across their global footprint. Apples with apples and pears with pears in complex and demanding financial services markets
globally.

Lookup
subscribe
This field is for validation purposes and should be left unchanged.