I was recently considering a job with a company that was looking at integrating finger print scanning / ID technology within credit cards with a view to replacing PIN entry. Not quite what you are discussing as I think you are proposing getting rid of the credit card altogether and using just biometrics for payment. This card plus biometric technology is a step towards that. It is being trialled by at least one big player in the credit card market (see link below).
There are a number of concerns with using just biometrics for payment. Security and privacy being just a couple. However, that is not to say that in future that there won't be suitable solutions that addresses these concerns.
I was recently considering a job with a company that was looking at integrating finger print scanning / ID technology within credit cards with a view to replacing PIN entry. Not quite what you are discussing as I think you are proposing getting rid of the credit card altogether and using just biometrics for payment. This card plus biometric technology is a step towards that. It is being trialled by at least one big player in the credit card market (see link below).
There are a number of concerns with using just biometrics for payment. Security and privacy being just a couple. However, that is not to say that in future that there won't be suitable solutions that addresses these concerns.
