Thames Technology's biometric payment card solution provides unsurpassable security of payment transactions alongside a simple and yet enhanced customer experience. We can help you set yourself apart from your competition by offering innovative payment solutions to enhance your new or existing brand.
An on-card biometric (fingerprint) sensor enables the cardholder to authenticate a contact or contactless transaction. So the authentication moves away from 'what you know' to 'what you are', carrying a substantially increased level of security.
The time is right
Public acceptance of biometrics has risen sharply over last 5 years as fingerprint readers have become widely used across smartphones and other devices. Recent studies show that a growing percentage of users consider their use easier and more secure than PINs or passwords in an online scenario. This means that if your card is considered more secure, it has a better chance of becoming the card of choice for consumers.
The rate of contactless adoption was greatly accelerated during the first wave of Covid19 and many consumers continue to take advantage of higher spending caps introduced due to hygiene concerns around use of PIN pads. Biometric payment cards offer dual authentication for contactless payments, so spending caps can be completely lifted, providing more flexibility to cardholders with the potential to give your card ‘top of the wallet’ status.
Our biometric payment card solution works with the existing payment infrastructure. Piloted technology has ensured that there are no requirements for merchant hardware updates or any other requirements for merchants or acquirers during transaction processing.
Very few technical changes are needed for card issuers, so adoption of biometric payment cards can be quick, simple and affordable.