Credit and debit cards are a daily companion in everyday life for most people. It is often necessary to enter a pin to make a purchase. Could that change in the future? Samsung want the security of credit cards improve and has therefore developed a new technology.
Samsung: The special thing about the credit card
The credit card developed by Samsung has a fingerprint sensor. The technology combines three systems and thus enables secure payments. It is the first company to combine the fingerprint sensor, the security element and the processor.
“The new security IC solution combines a fingerprint sensor, secure element and secure processor in one chip with enhanced security features enabled by Samsung’s proprietary fingerprint authentication algorithm and anti-spoofing technology.”
Samsung
Samsung not only wants to make payments more secure, but also easier. If you buy something with your credit card, you no longer have to enter your PIN, but can put your finger on it to confirm. This makes abuse by criminals much more difficult.
When is the credit card coming?
Samsung does not reveal when the credit card will appear on the market. Until the publication is possible in Germany, you can find out about the other payment options. For example, it is possible to pay with a cell phone. You can also pay with the iPhone via Apple Pay. Here’s what Apple Pay is.
Source: Samsung