Mastercard’s new Online payment – click selfie & pay

For several months now, it’s been reported that Mastercard was experimenting with some kind of “different” Online payment system. Now the truth is out. Mastercard has started rolling out a new technology that will allow customers to make purchases Online by taking a selfie rather than entering a password.

Called MasterCard Identity Check, the new tech will enable shoppers to make payments simply by placing a finger on the scanner of their smartphone, or blinking into its selfie camera to prove their identity.

Mastercard said the system could eliminate the need for consumers to remember passwords when shopping online.

Selfies to kill off passwords ‘within five years’, says Mastercard – Telegraph.co.uk

http://news.google.com Oct 3, 2015

More than 50 per cent drop the transaction by the time they reach the payment page. It could be because of all kinds of reasons, but one of the reasons i …

Selfies to replace logon passwords – Times LIVE

http://news.google.com Oct 4, 2015

The technology, called MasterCard Identity Check, will enable shoppers to pay simply by placing a finger on a scanner on their smartphone, or taking a selfie to prove their identity. MasterCard…

Mastercard tests pilot program using selfies to verify purchases – KFOX El Paso

http://news.google.com Sep 8, 2015

Putting selfies to good use, Mastercard begins testing a new program Tuesday. The program dubbed “Selfie Pay” will allow cardholders to verify online purchases …

Are selfies the future of mobile payments? – Business Insider

http://www.businessinsider.com Jul 7, 2015

BII US Retail Fraud As the e-commerce industry grows, so does the need for secure online payment systems. A common concern among online shoppers, especially in the wireless mobile commerce domain, is sharing …