Posted 04/20/2015 at 8:54 AM
Posted 2 years ago
Samsung will be launching a fingerprint mobile payment service. The service will be a partnership between Samsung, and payment gateway providers KG Mobilians and KG Inicis, all located in South Korea.
A Samsung spokesperson said “Going forward, we plan to not only target hardware manufacturers that make smartphones, but to also provide our biometric solutions to online service and security companies…We plan to offer clients that need biometrics solution with various business models and offer differentiated authentication services.”
The spokesperson added “We expected previous authentication technology such as passwords, certificates, and OTP will be replaced by FIDO-approved methods. FIDO-backed biometric authentications will become the de facto standard of the future.”