On Nov. 12, Mastercard launched biometric authenticated payments.
Mastercard partnered with Tap Payments to launch Click to Pay with Payment Passkey.
Launched world’s first one-click payment service using biometric authentication codes.
Payment Passkey
Top Payments is leading provider of electronic payment products, solutions in MENA.
Partnership offering Click to Pay with Payment Passkey, the first service globally to achieve the highest standards of protection and security for e-commerce transactions.
Payment Passkeys consisting of advanced biometric authentication technologies (such as fingerprints or facial scans) are eliminating need for one-time passwords (OTPs).
By replacing traditional passwords and OTPs, the Mastercard Payment Passkey Service makes transactions not only faster, but also more secure against fraud and scams.
Payment Passkey service leverages Click to Pay to secure consumers’ payment details through tokenization and biometric data, safeguarding data from third-party access.
This service has been introduced by Tap Payments on Mastercard’s Payment Gateway.