Online shoppers are thankful for the increase of smartphone technologies in the recent years, the need for a simple and secure online payment method has become an important issue.
The fact that so many consumers would be happy to exchange PINs and passwords for biometrics is significant and could have huge consequences for how shoppers will pay in the future. The main driver for businesses is of course security, but for consumers, simplicity and speed is way more important.
One of the biggest global card providers, Mastercard, has published that starting from April 2019, the option of choosing biometric authorization as a means of verifying identities during online transactions should be made available to all Mastercard users.

Take a glance at the most biometric method that consumers will feel happy when it comes to payment methods:

• Fingerprint scanning is ranked as the most biometric method that consumers would be happy for using it as a payment method with a rate of 69%.
• Iris scanning is ranked as the second needed biometric payment method that consumers need it to be added to payment methods with a rate of 33%.
• Facial recognition comes at next as a needed biometric payment method with a rate of 24%.

A Graph Shows Bio-metric Methods That Consumers Would be Happy to Use it When it Comes to Payments.