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Have You Seen The New Phase of MasterCard With FingerPrint Scanner?

The end of an era has come and a new phase is about to roll in. Just like smartphones, password and pin codes are been replaced with fingerprint and iris scanner as a means of unlocking your device; Master Cardis about to join the league.
MasterCard is testing out new fingerprint sensor-enabled payment cards that, combined with the onboard chips, offer a new, convenient way to authorize your in-person transactions. Instead of signing a paper receipt or entering your PIN while struggling to cover up the number pad, you simply place your thumb on your card to prove your identity.
Goal of The New Master Card
Step 1. Insert credit card.
Step 2. Put your thumb on it.
Step 3. Walk away with your purchase.
The new cards are currently being tested in South Africa, and MasterCard hopes to roll them out to the rest of the world by the end of 2017.
How Will it Work?>>Your bank will inform you that the biometric card is available, and if you're interested, you'll have to go to an enrollment center (most likely a bank) to get your fingers scanned.
>> An encrypted digital template of your fingerprint is stored on the card's EMV chip. You can save up to two prints, but they would both have to be yours –
>>You can't authorize someone else to use your card with their fingers. After your templates are saved, your card is ready to be used at compatible terminals worldwide.
Even if the card is stolen, the other ‘thief’ won’t be able to use it since his/her finger print scanner won’t be identified. Of course, you'll still have the option to use your PINcode.

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