With JPMorgan, Mastercard on Board in Biometric ‘Breakthrough’ Year, You May Soon Start Paying with Your Face

May 21, 2024

Close up of an eye.

(CNBC) – Biometric payment options are becoming more common. Amazon introduced pay-by-palm technology in 2020, and while its cashier-less store experiment has faltered, it installed the tech in 500 of its Whole Foods stores last year. Mastercard, which is working with PopID,  launched a pilot for face-based payments in Brazil back in 2022, and it was deemed a success — 76% of pilot participants said they would recommend the technology to a friend. Late last year, Mastercard said it was teaming with NEC to bring its Biometric Checkout Program to the Asia-Pacific region. (Read More)