China’s Alipay e-commerce platform has teamed up with handset manufacturer Huawei to develop a system enabling people make biometric mobile payments with their fingerprints.
The system utilises the fingerprint reader of Huawei’s Mate 7 handset. Users of Alipay’s Wallet app will be able to confirm transactions with a fingerprint scan, eliminating the need for passwords. Biometric data is encrypted and only third-party approved apps will access the information for transactions.
Fingerprint-based mobile payment activity is accelerating, with the September 9 launch of the next Apple iPhone handset expected to include NFC capability alongside the Touch ID fingerprint reader. Meanwhile, Samsung’s Galaxy S5 phone is already being used with PayPal.
The post Alipay and Huawei team up for biometric mobile payments appeared first on Payments Cards & Mobile.