• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

FaceTec banner
  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Swedish Survey Finds Strong Demand for Biometric Payment Cards

November 17, 2020

“The survey found that 70 percent of respondents expressed interest in a biometric, contactless payment card.”

Biometrics News - Swedish Survey Finds Strong Demand for Biometric Payment Cards

A new survey from Zwipe and its partner TietoEVRY suggests that there may be strong demand for biometric payment cards, if a representative sampling of Swedish consumers is any indication.

The survey found that 70 percent of respondents expressed interest in a biometric, contactless payment card. Much of that sentiment may be attributable to the concerns about shared surfaces in the wake of the COVID-19 pandemic, with over 80 percent of respondents indicating that they are concerned about touching POS terminals when shopping in-store.

The survey findings may suggest that enhanced consumer awareness could further drive up demand. Most consumers surveyed (73 percent) weren’t aware of the biometric payment card concept prior to the study, and 75 percent indicated that they want their next payment card to feature biometric authentication.

“Currently, we see a strong interest in the market, not only for a safer and more secure and convenient payment method, but also for more hygienic options at points of sale,” said TietoEVRY Head of Card Production and Personalization Jarmo Rouhiainen. “We believe that biometric payment cards address these demands in a unique way.”

While the excitement in this survey is palpable, it’s worth taking a moment to consider that it polled 202 adults, and that the entire survey was conducted in Sweden. Some of the more remarkable findings may not necessarily apply the same way in other parts of the world. For example, 59 percent of respondents said they would actually pay an additional monthly fee to their bank to use biometric payment cards, and nearly half – 48 percent – said they would switch banks to take advantage of this technology.

That’s quite an appetite. And even if it is particular to Swedes, it bodes well for broader consumer interest as banks start to offer biometric payment cards in the coming years.

Filed Under: Carousel, Industry NewsTagged With: Biometric, biometric payment cards, biometrics, consumer surveys, consumer trends, Fingerprint biometrics, fingerprint recognition, payments, TietoEVRY, Zwipe

Related News & Articles

Smart Cars, AI, Biometrics to Be Major Themes at CES 2018

Huawei MediaPad M2 Tablet Sports FPC1155 Sensor

FIDO Member eBay Announces New Security Options on Mobile

Primary Sidebar

IDEMIA big box

Read the Latest Year in Review Analysis:

FacePhi Selphi

Tweets

IDEMIA big box

Sponsored Links

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/
Aware ABIS webinar

Recent Posts

  • Ivanti Uncovers Risky Password Behavior Amongst Remote Workers
  • FPC Makes Case for Biometric Payment Cards in the Banking Industry
  • Singaporean Bank Enables SME Account Opening With Selfie Authentication
  • VerifyMe to Provide 2 Million Labels to Protect PPE Equipment
  • HID Global Adds Two New Cards to Seos Portfolio
IDEMIA big box

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives

Follow Us

Copyright © 2021 MobileIDWorld