MasterCard to introduce facial recognition payment service in Nigeria, says E-PPAN
The Electronic Payment Providers Association of Nigeria (E-PPAN) said that MasterCard would soon launch a facial recognition payment solution in Nigeria to combat the growing cases of fraud and theft, according to a report by The Nation.
E-PPAN CEO and executive secretary Onajite Regha said that the development is part of the credit card issuer’s overall strategy to replace the existing system of password for online payments.
“MasterCard’s facial recognition will roll out to only about 500 users at first, with major hardware and software companies ..,” said Regha.
Regha also discussed China Merchant Bank’s facial recognition-enabled ATMs, the first of its kind to launch last month in the city of Shenzhen.
The ATM machines feature a built-in camera that captures the facial features of the users and cross-checks it with a database of identification photos.
Previously reported, Mastercard is rolling out MasterCard Identity Check, the credit card firm’s new payments system that enables consumers to make online purchases using facial or fingerprint recognition technologies.
Article Topics
banking | biometric payment system | biometrics | facial recognition | fraud prevention | Mastercard | Nigeria
Comments
10 Replies to “MasterCard to introduce facial recognition payment service in Nigeria, says E-PPAN”
Leave a Reply to PhuurXVI Cancel reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
E-PPAN says MasterCard introducing facial recognition payment service in Nigeria: https://t.co/0B6Wcz4g5l
RT @BiometricUpdate: E-PPAN says MasterCard introducing facial recognition payment service in Nigeria: https://t.co/0B6Wcz4g5l
MasterCard to introduce facial recognition payment service in Nigeria, says E-PPAN https://t.co/yDdqViJbIX
RT @Techscram: MasterCard to introduce facial recognition payment service in Nigeria, says E-PPAN https://t.co/yDdqViJbIX
RT @BiometricUpdate: E-PPAN says MasterCard introducing facial recognition payment service in Nigeria: https://t.co/0B6Wcz4g5l
RT @BiometricUpdate: E-PPAN says @MasterCard introducing facial recognition payment service in Nigeria: https://t.co/Udwq3ZnKNj @eProviders
RT @BiometricUpdate: E-PPAN says @MasterCard introducing #facialrecognition payment service in #Nigeria: https://t.co/Jole1tU0D0 @eProviders
RT @BiometricUpdate: E-PPAN says @MasterCard introducing facial recognition payment service in Nigeria: https://t.co/EwPdNeURFN @eProviders
RT @BiometricUpdate: E-PPAN says @MasterCard introducing #facialrecognition payment service in Nigeria: https://t.co/Y5mybPovj6 @eProviders
MasterCard to introduce facial recognition payment service in Nigeria, says E-PPAN – @BiometricUpdate https://t.co/ZVsQA2sIlL