Bank of Cyprus is now letting its customers use their fingerprints instead of a PIN to authenticate payments.

Today the bank said it had teamed up with digital security company Gemalto to issue a biometric EMV card that uses fingerprint recognition to authenticate the cardholder.

This biometric sensor card works with existing payment terminals already installed across the country. ​
Bertrand Knopf, Gemalto Executive VP told Finextra:

Using biometrics for contactless payments is a natural move as it fits in naturally with the gesture used to pay… It allows a better user experience, enabling higher transaction amounts without entering a PIN while benefiting from the convenience of contactless.

Read more on Finextra and Markets Insider.

Learn more about digital payments at Bank Innovation 2018 in San Francisco on March 5-6. Request your invitation here.