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Mastercard Launches Its Biometric Retail Payment System In Europe, Using Poland As A Testing Ground

submitted by dosvydanya_freedomz to Technocracy 4 monthsJun 12, 2024 05:32:32 ago (+3/-0)     (www.nakedcapitalism.com)

https://www.nakedcapitalism.com/2024/06/mastercards-biometric-retail-payment-system-finally-arrives-in-europe-following-pilot-tests-in-global-south.html

After running pilot tests in Brazil and parts of the Asia Pacific for roughly two years, Mastercard is finally rolling out its biometric retail payments system in Europe. The world’s largest payment card company appears to be determined to wean consumers off not only cash, its eternal rival, but also credit and debit cards, its main line of business until now. To that end, it is piloting its Biometric Checkout Program in Poland in collaboration with local fintech company PayEye, which will be providing its iris and face biometric technology.


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