Biometric Payments: Ready for Prime Time?: Industry Research Report

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Biometric Payments: Ready for Prime Time?

Published Date: May 2005

Published By: TowerGroup

Page Count: 11

Order Code: R301-932

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This TowerGroup Research Note considers the progress of biometric authentication of payers' identity for consumer payments at the point of sale. It examines the advantages and promises of the biometric solutions such as fingerprint recognition for this purpose as well as the pitfalls and barriers that continue to block the use of biometric technology in all but closed-system environments. The Note considers the future potential for such services and reviews several issues that have yet to be addressed within the biometric payments space.

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