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Activity:
29 views;
last activity : 07 06 2010 20:18:09 +0000
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BIOMETRIC CREDIT CARD
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i think it is feasible as biometric passports are already in use in some countries. we can use any cost effective biometric technology like saliva detection etc. |
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ya , i think its a good concept.
Ashish you have given a very good choice to prevent these credit card frauds.And as you said it is already in use in some countries...you are absolutely right......Singapore was the first country in the world to use a biometric credit card.
Citibank was the first & the world's largest credit card issuer who chosen to launch its biometric credit cards in Singapore.
With the biometric payment system introduced in India, card users do not even need to carry their cards with them.
The biometric system can revolutionalise the way people shop and make payments.Shoppers will no longer need to present their credit card and sign for payment.Instead, it will just be a matter of having a finger scan followed by the keying in of a PIN number.
I definitely think that this system should be brought here in India.....it will definitely help the users of credit card and the banks in terms of safety and to prevent the kind of frauds which are happening right now.
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