New client in India tests Next Biometrics fingerprint sensors for use in POS terminals

Next Biometrics has received its first commercial purchase order from a new business partner in India for 1,000 of its One Touch ID Fingerprint Modules to be implemented in fingerprint-enabled payment terminals, the company announced.

The biometric payment systems are part of India’s strategy to roll out fingerprint identification and authentication for secure financial services in the country. As this is an initial purchase order, the company expects additional orders following the launch. The Indian business partner will also test the Next PIV certified FAP20 sensors for release to international markets.

“We are pleased to announce this first commercial order from our highly valued business partner,” said Peter Heuman, CEO of Next Biometrics, in a prepared statement. “This initial order will not have a significant revenue impact, but it is a proof-point of our customer focus, technology edge and perseverance in spite of the global COVID-19 challenges.”

In December, Next Biometrics was granted Personal Identity Verification (PIV) certification by the FBI in the United States for its biometric module based on the large-size FAP20 sensor. The first purchase order for the One Touch 2000 modules was announced at the beginning of March also for integration in POS terminals.

Last month Next Biometrics received an order valued at $360,000 for its UIDAI and STQC-certified biometric fingerprint readers from a customer in India. The order followed a $750,000 purchase by the same company in January.

Next Biometrics recently announced it was undertaking another set of cost reduction steps to optimize its fingerprints business in the face of challenges posed by the COVID-19 pandemic.

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authentication  |  biometric identification  |  biometric payments  |  biometrics  |  fingerprint sensors  |  India  |  Next Biometrics  |  POS  |  stocks