Eight out of 10 would use biometric cards

Eight out of ten UK banking customers would opt for biometric payment cards for increased security, according to a new study.

A survey of 821 UK cardholders for digital security firm Gemalto revealed that more that half (54 per cent) would be ready to use biometric fingerprint scan cards if they were available from their bank, and 83 per cent said it would become their preferred payment card.

Earlier this month, Société Générale became the first French bank to announce the roll out of biometric-enabled cards which let users authorise payments with a touch of their finger on a sensor as an alternative to the PIN code. The sensor is powered by mobile point of sales (MPoS) devices.

An overwhelming majority of those asked (88 per cent) suggested that security would be the leading reason for replacing their current payment cards, while 79 per cent said a new card would need to be provided by a trusted bank, 69 per cent said it should be easy to use and 60 per cent said it should simplify their life.

Overall, eight out of 10 consumers believed that a biometric card would offer better convenience and security. One major advantage identified was no need to remember different PIN codes and more opportunities to pay with contactless, thanks to higher spending limits enabled by the increased security offering.

However, while a majority of those asked expressed a preparedness to embrace biometric cards - falling into mainly young contactless users or multi-banking product owners aged 40 to 50 - there remains a third of the population that will need time to adapt to the new technology before they feel confident enough to approve a payment with a fingertip.

    Share Story:

Recent Stories


The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.

The Rise of Instant Payments
Instant payments are creating new business opportunities for banks by providing more touchpoints than ever. With these evolutions underway, Featurespace brought leading industry experts together to discuss how they are protecting customers from fraudsters in real time, utilizing innovative and disruptive solutions to reduce fraud. Click here to find out more.

Offloading Cyber Risk in the Cloud
As cyber attacks and data breaches are in the news on an increasingly regular basis - with regulatory penalties and customer trust on the line for financial services firms - it has never been more crucial to be compliant in the cloud.

This video, with Akamai’s EMEA director of security technology and strategy Richard Meeus, will help explain what your company can be doing to make sure it’s not embroiled in the next big fine or front-page scandal.