Korean fintech firm Kona I has partnered with payment services provider AirPlus International to offer payment cards using biometric authentication technology.
According to a report in The Investor, the technology will “speed up transaction time and provide increased convenience and security” by enabling cardholders to use fingerprints for verification instead of PINs or signatures.
The biometric technology is based on an energy harvesting solution patented by Kona I.
AirPlus International is a leader in corporate travel management with a payment platform used by 49,000 corporations world-wide.
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