Biometric Payments—Iris Or Veins In A Palm Scan — On The Rise

Technology–Biometric payments—scanning an iris or veins in a palm—seem like science fiction, but it’s a growing reality around the world.
 
According to a Transaction Network Services (TNS) and Kantar TNS survey of consumers in the UK, the US and Australia in March 2018, just 14% of US respondents said they had made a biometric payment in the past year. Overall, more men than women had used this tech (19% vs. 12%), and younger consumers were more willing to experiment with it. One-quarter of 18- to 24-year-olds thought biometric payments would be acceptable, compared with just 3% of those 55 to 64. 
Not surprisingly, consumers were most willing to use fingerprints as an ID, cited by 56%. Around half were OK with iris (51%) and facial recognition (50%), while veins in a hand had the lowest acceptance (42%).
Photo: Pinterest
Posted in All Stories, Annoucer Blogs, Derrick & Sylvia in the Morning, News, Sports, Sylvia, Whats Happening Tagged with: , ,

+ Follow Us

 

+ Upcoming Events

  1. Teen’s “Bookface” Contest With The Clarence-Rockland Public Library

    October 15 @ 12:00 am - October 18 @ 4:00 pm
  2. Fundraiser For Valérie Chartrand

    October 17 @ 5:00 pm - 7:00 pm
  3. Bourget Branch Of The Clarence-Rockland Public Library: Family Movie

    October 17 @ 6:00 pm - October 18 @ 8:30 pm
  4. Clarence-Rockland Public Library: Family Movie

    October 20 @ 12:00 pm - 2:00 pm
  5. Spaghetti Supper Fundraiser For St. Andrew’s Christian Church

    October 20 @ 5:00 pm - 6:30 pm

+ On-Air & Shows