NatWest is the first UK bank to introduce a biometric fingerprint credit card, starting its three-month national pilot today with 150 customers, according to Fintech Futures.
Partnering with Mastercard and digital security provider Gemalto, a Thales company, NatWest is now trialling biometric credit cards following its recent experiment with the debit vairety.
The cards will enable customers to make contactless payments using fingerprint verification. Transactions of up to £100 will be allowed through this method, a significant increase on the current £30 contactless limit. The card will light up green when the fingerprint has been matched successfully.
“This is the biggest development in card technology in recent years and not having to enter a PIN not only increases security but makes it easier for our customers when paying for goods or services,” says NatWest’s director of innovation Georgina Bulkeley