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Mastercard Launches Its Biometric Retail Payment System in Europe
- deleted 2y ago[deleted]
- kylehotchkiss 2y agoI don't really see how this is a drastically better experience than tap to pay, NFC, Apple Pay, etc. It would feel odd to provide eye scans to everyday retailers, and then at some point, you have to worry about your eye scan being stolen, and you can't (easily) get a new eye afterwards, but you can replace all the payment methods that aren't your eyes.
- toomuchtodo 2y agoAttempt to remain relevant in a cheap instant payment world. People are happy with their card and phone NFC tap to pay, as well as QR codes. It’s all about cutting out the parasitic rails now.
- willcipriano 2y ago> I don't really see how this is a drastically better experience than tap to pay Your wallet and phone are lost/stolen. I wish the ATM would take my bank username and password but this is a close second in that situation. Wouldn't use it otherwise.
- tacocataco 2y agoIt's probably better for MasterCard somehow, not the consumer. Perhaps selling this collected data to third parties? I'd imagine optometrists would want it to push mail in fliers.
- Caligatio 2y agoI'm guessing MasterCard is viewing this as a payment mechanism that only needs the physical customer as the payment authentication. If it's 0 friction (which I doubt), I could see people opting to just look at a camera to pay rather than fumbling to get your phone out. Fumbling with your phone sounds like a silly statement but so did fumbling with your wallet.
- acchow 2y ago> Fumbling with your phone sounds like a silly statement but so did fumbling with your wallet. I don't think people want to look away from their phones to do anything, least of all pass a retina scan. You don't even need to swipe away from TikTok to use Apple Pay.
- pessimizer 2y ago> I don't really see how this is a drastically better experience than tap to pay, NFC, Apple Pay, etc. I do, but I don't see how those methods are better than a chip and pin. Waiting in line at a checkout or getting on a bus behind somebody hopelessly futzing with their phone to mess with the app is the new waiting for someone to write a check. The eye thing is dystopian, but it'll be fast.
- flemhans 2y agoNot saying it's a good thing to have the Apple/Google duopoly, but I find that once people tried it a few times, phone payments are much faster than fiddling with the wallet and finding the right card. The phone is a larger and more distinct item in your pocket than the wallet, and choosing the right card is faster than going through them in the physical wallet. And you're rarely asked for pin
- Finnucane 2y agoThe bottom line for MC is how quickly can they part you from your money? The core of their profit is still the transaction fee. It is to their advantage to reduce any impediment to you spending money. Even if 'fumbling with your card' is an awkward way to put it, those few seconds are still a moment when you could think, I'm not going to spend that money. You might decide to not get your card out.
- Yizahi 2y agoMy guess - Poland is hint to this question. Poland was a little behind on the integrating Google/Apple Pay, so they have invented (via MC tech) a tokenized payments (BLIK). I guess because of its prevalence there are not too many people using NFC payments via phone, so MC wants to convince BLIK users to "upgrade" to this insecure atrocity (insecure because source image is generated by a simple selfie, proven to be insecure years ago). The advertisement for this crap is all over social networks.
- ganzuul 2y agoDo they have a weird orb and and company scrip?
- mistrial9 2y agoone hundred percent no --cheers from California, land of already dying retail everything
- xyst 2y agoIf I won’t give Amazon my palm print to pay at Whole Foods, why the f would I give Mastercard a pair of retinal scans? Seems like MC executives grew up on “Minority Report” and thought, damn this is a good idea!
- jgalt212 2y agoor got FOMO regarding Worldcoin.
- cempaka 2y agoPeople willingly do this for the minor convenience of saving 30 minutes in TSA lines. And I imagine the MC executives picture themselves as part of the cosseted ruling class depicted in 'Minority Report'.
- BadHumans 2y agoWith TSA precheck, you are just giving the one government agency permission to have data another government agency already has. I wouldn't willing give MasterCard any information about me.
- samtheprogram 2y agoThey aren’t referring to TSA precheck, they are referring to Clear PLUS.
- criddell 2y agoWith TSA precheck, you have to be fingerprinted, no?
- BadHumans 2y agoYes you do.
- toomuchtodo 2y agoYes. State Dept already has my photo from my passport, fingerprints stored by DHS aren’t that much more (Global Entry specific). I trust federal agencies more than private corporations, having seen the inside of both.
- Havoc 2y agoRemember that scene from Minority Report where the protagonist needs an eyeball replacement? Apple pay is about as biometric-y as I'm willing to go for payments.
- j-cheong 2y agoi thought this was pretty cool. am i alone? lol how hard is it to steal your eye scan?
- BadHumans 2y agoFrom you? I imagine it would be difficult. From them? Less so.
- abeyer 2y agoDon't worry, I'm sure they'll give you a free three month subscription to a new pair of eyes every time they leak your iris scans.
- criddell 2y agoAre they keeping the scans, or just a hash of the scan?
- rpgwaiter 2y agoDoes that even matter when the same set of eyeballs theoretically produce the same hash? It leaking has the same effect, what more benefit would having the “real” eye scan have to an attacker that just wants to use your bank account? I guess if every PoS that supports bio also required a camera and human verification, then you couldn’t just pass the hash to some API
- deleted 2y ago[deleted]
- mywittyname 2y agoJust wait until they system can be exploited with a picture of the scan of a person's eye.
- kkfx 2y agoNo thanks. biometry mean a password you can't change, others can get, and you might be unable to use for instance in case of injuries...
- jackson1442 2y agoI've found that face/retina scans are usually bad UX, especially if you need to use a viewfinder or a statically positioned device. Apple's Face ID works well because it's on a mobile device and you don't have to align your face in a box. I don't see how this is any more convenient than using a mobile wallet. In fact, it looks less convenient than using the actual card - even if you forget the card you can usually just key in the number at the terminal.
- MBCook 2y agoIt will be just like all those little paper signs they stuck on EMV terminals. “Insert chip here”, “No chip”, “Tap card on screen”. So how do you make people use a retinal camera? You cut a hole in a picture of a monkey or the store mascot’s head and put up a big sign that says “look at Mr. Groceries to pay your bill with MasterCard EyeScan” or whatever it is called. Because explaining how to use it to every single person in line is definitely going to make it fast.
- MBCook 2y agoUg. No thank you. Just like Amazon’s palm scanning thing I have NO interest in this. I trust my phone enough. My phone can authenticate me and you can authenticate it. We have that today, works great. I don’t need “stare at the picture of the monkey over the camera and press the button to pay” or whatever other nonsense retails will do to this. I’m not anti-biometrics. I’m ok with it on my devices I’ve made that decision on. But retailers everywhere? No. I know the devices will need to be certified just like EMV terminals, so it’s not like the Amazon things. But that’s still to far.
- tiffanyh 2y agoSource article: https://www.mastercard.com/news/europe/en/newsroom/press-releases/en/2024/pay-with-your-glance/ https://www.mastercard.com/news/europe/en/newsroom/press-rel...
- WhereIsTheTruth 2y agoWow, imagine if China launched biometric retail payment system in the USA Europeans hate having sovereign and self sufficient industries, or is it done through psyops? Imagine giving away your biometric and, soon if not already, your DNA data to foreign countries that will make sure their interests come first (Nordstream sabotage, broken France-Australia submarine deal, US Inflation Reduction Act)
- doawoo 2y agothe real fun is when they'll eventually make you look at an ad while paying, your eyes will HAVE to be open! new meaning to "eyeball" count for the ad sellers :)
- wcoenen 2y agoOnce a colleague was able to unlock my pixel phone with face unlock - with his face. I'll never trust biometrics again.
- justsomehnguy 2y agoIt's quite amusing what everyone got on to the retinal scans, completely ignoring the face bio. Hint: it's already deployed and working and nobody wants your retinal scans, because it requires a more costly setup at the PoS.
- t0bia_s 2y agoAnother reason to adopt alternative payment methods and currency that respect privacy. Like decentralised bitcoin or monero. You don't need to like crypto, but all those privacy issues, inflation, regulations, etc. with fiat money naturally leading to find better alternatives.