Samsung Electronics’ System LSI Business, Mastercard, Samsung Card, have signed a memorandum of understanding to develop a biometric card that features a built-in fingerprint scanner to authorize transactions securely at in-store payment terminals. Image: Mastercard Biometric Card The partnership aims to provide faster and more secure payment experiences. The biometric cards will adopt a new security chipset from Samsung’s System LSI Business that integrates several key discrete chips to streamline the overall component design and enable more efficient development. These cards can be used at any Mastercard chip terminal or point of sale (POS) terminal. Samsung Card will lead the rollout in South Korea, with plans to introduce the biometric card later this year. The much awaited Omnia i900 from Samsung (see specs here) was released in the Philippines yesterday. While everybody is getting frustrated with the supposed Globe iPhone 3G pricing, the Samsung Omnia will definitely be a formidable alternative to the former. The rumored new Samsung i8510 that tows in an 8-megapixel camera and a 16GB internal storage becomes official. Read more in our articles including "Samsung, Mastercard, partner for Fingerprint Biometric Payment Card" and "Samsung i900 Omnia Philippine Price".
Samsung Electronics’ System LSI Business, Mastercard, Samsung Card, have signed a memorandum of understanding to…
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Sep 25, 2008Samsung Electronics’ System LSI Business, Mastercard, Samsung Card, have signed a memorandum of understanding to develop a biometric card that features a built-in fingerprint scanner to authorize transactions securely at in-store payment terminals. Image: Mastercard Biometric Card The partnership aims to provide faster and more secure payment experiences.
The biometric cards will adopt a new security chipset from Samsung’s System LSI Business that integrates several key discrete chips to streamline the overall component design and enable more efficient development. These cards can be used at any Mastercard chip terminal or point of sale (POS) terminal. Samsung Card will lead the rollout in South Korea, with plans to introduce the biometric card later this year.
Our coverage of samsung mastercard includes: "Samsung, Mastercard, partner for Fingerprint Biometric Payment Card"; "Samsung i900 Omnia Philippine Price"; "Samsung Innov8 i8510 confirmed". Each article provides unique insights and information.