The trend in the world of electronic commerce is for the user to memorize the least amount of passwords and use instead other types of security systems considered more ‘friendly’.
In Peru a biometric identification system will be put into use since November. It will identify the user’s fingerprints for purchases with credit or debit cards via smartphones, informed Gestión.
This system will work with Visa, MasterCard and American Express, explained to Gestión the manager of Alignet (the company responsible for providing this technology), Luis Gamarra.
The biometric identification system will be used officially by the main financial entities of the country, but Alignet can’t mention yet which banks will be connected to it, for confidentiality reasons.
The fingerprint identification will substitute the current system based on passwords and questions. It will have two phases: one to identify the consumer’s patterns and another that validates them if the patterns are maintained.
“If Luis Gamarra buys every week in a store, there is no need to ask for biometric identification every time. The idea is that most of the transactions are authenticated through this pattern,” Alignet’s manager explained.
Alignet is present in Uruguay, Costa Rica. Ecuador, Chile, Colombia, Uruguay, Honduras, Mexico, Costa Rica and Bolivia. This system is becoming more and more popular because it is difficult to supplant since the fingerprint is a unique pattern in every human being.
(Source)
(Cover Photo Good Free Photos)
Don’t Miss:
https://www.livinginperu.com/facial-recognition-software-developed-peru/
https://www.livinginperu.com/peruvian-startup-uses-technology-reduce-excessive-sweating/
