• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Log In
  • Member Registeration
  • Account
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

FindBiometrics

FindBiometrics

Global Identity Management

  • Biometrics
    • What are Biometrics?
    • FAQ
    • Biometric Associations
    • Companies
    • Premier Partners
  • News
    • Featured Articles
    • Interviews
    • Thought Leadership
    • Podcasts
    • Webinars
    • Year in Review
  • Applications
    • Biometric Security
    • Border Control and Airport Biometrics
    • Consumer and Residential Biometrics
    • Financial Biometrics
    • Fingerprint & Biometric Locks
    • Healthcare Biometrics
    • Justice and Law Enforcement Biometrics
    • Logical Access Control Biometrics
    • Mobile Biometrics
    • Other Biometric Applications
    • Physical Access Control Biometrics
    • Biometric Time and Attendance
  • Solutions
    • Behavioral Biometrics
    • Biometric Sensors and Detectors
    • Facial Recognition
    • Biometric Fingerprint Readers
    • Hand Readers & Finger Scanners
    • Iris Recognition
    • Biometric Middleware and Software
    • Multimodal Biometrics
    • Physiological Biometrics
    • Smart Cards
    • Vein Recognition
    • Voice and Speech Recognition
  • Stocks
  • Events
  • Companies
  • Podcasts

FPC Tracks Biometric Card Enthusiasm in France

July 28, 2021

Fingerprint Cards is arguing that France will serve as a bellwether for biometric payment cards. The company noted that France has long been at the forefront of the payments industry, and was one of the first countries to introduce contactless a decade ago.

FPC Tracks Biometric Card Enthusiasm in France

That pattern is repeating itself with biometric payment cards. BNP Paribas and Crédit Agricole have already completed trials and moved forward with commercial launches, and the early indicators suggest that the technology is rapidly making in-roads with the French public. Fifty-one percent of the population wants a biometric payment card, and FPC says 50 percent would even be willing to pay for the privilege (the comparable figure is 43 percent for the rest of the world). Many would also be willing to switch banks to find one that offers a biometric payment card.

According to FPC, those cards are appealing because they address some of the lingering concerns that people have about non-biometric contactless cards. As it stands, 83 percent of France’s transactions are carried out with payment cards, and 60 percent of those are fully contactless. Both figures are well ahead of the 73 percent and 50 percent averages, respectively, for the rest of the world.

That contactless card usage has only increased during the pandemic, with the number of consumers that use a contactless card as their primary in-store payment option jumping 216 percent in France in the wake of COVID-19. Sixty-four percent, meanwhile, believe that they will use their contactless card more frequently in the future.

However, more conventional contactless cards still have a payment cap, which creates confusion and aggravation at the checkout counter. Many people do not know what their limit is, and the actual French cap is a relatively small €50, which is not high enough for many day-to-day purchases. That means that people still need to touch a payment terminal to enter a PIN, which negates the sanitary and convenience benefits of a contactless solution.

Consumers are also worried about security, and the threat of fraud if a card gets lost or stolen. Biometric cards, on the other hand, can support higher payment caps, and can do so without increasing risk for card holders and payment providers. Both the BNP Paribas and Crédit Agricole cards feature fingerprint technology from FPC.

–

July 28, 2021 – by Eric Weiss

Related News

  • FPC Finds Growing Support for Biometric Cards in GermanyFPC Finds Growing Support for Biometric Cards in Germany
  • FPC Tech Used in Two New Biometric Cards in MoroccoFPC Tech Used in Two New Biometric Cards in Morocco
  • FPC Explains How Biometrics Can Alleviate Contactless Payment Fraud ConcernsFPC Explains How Biometrics Can Alleviate Contactless Payment Fraud Concerns
  • ‘Top Three’ Manufacturer Orders Latest FPC Module for Biometric Payment Cards‘Top Three’ Manufacturer Orders Latest FPC Module for Biometric Payment Cards
  • FPC Survey Points to Accelerating Biometric Payment Card MarketFPC Survey Points to Accelerating Biometric Payment Card Market
  • New T-Shape Module Could Dramatically Reduce Biometric Payment Card CostNew T-Shape Module Could Dramatically Reduce Biometric Payment Card Cost

Filed Under: News Tagged With: Biometric, biometric cards, biometric payment cards, biometrics, fingerprint biometrics, Fingerprint Cards, fingerprint recognition, FPC, France, payments

Primary Sidebar

Watch This Finance-Focused On-Demand Webinar

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

TECH5 logo

TECH5 is an international technology company founded by experts from the biometrics industry, which focuses on developing disruptive biometric and digital ID solutions through the application of AI and Machine Learning technologies.

TECH5 target markets include both Government and Private sectors with products powering Civil ID, Digital ID, as well as authentication solutions that deliver identity assurance for various use cases. 

Learn more: www.tech5.ai

Mobile ID World Logo

Mobile ID World is here to bring you the latest in mobile authentication solutions and application providers. Our company is dedicated to providing users with the best content and cutting edge information on technology, news, and mobile solutions for your mobile identity management needs.

HID logo

HID powers the trusted identities of the world’s people, places and things. Our trusted identity solutions give people convenient and secure access to physical and digital places and connect things that can be identified, verified and tracked digitally. Millions of people use HID products to navigate their everyday lives, and billions of things are connected through HID technology. https://www.hidglobal.com/

Prove Logo

As the world moves to a mobile-first economy, businesses need to modernize how they acquire, engage with, and enable consumers. Prove’s phone-centric identity tokenization and passive cryptographic authentication solutions reduce friction, enhance security and privacy across all digital channels, and accelerate revenues while reducing operating expenses and fraud losses. Over 1,000 enterprise customers use Prove’s platform to process 20 billion customer requests annually across industries including banking, lending, healthcare, gaming, crypto, e-commerce, marketplaces, and payments. https://www.prove.com/

Recent Posts

  • Australia’s Airport RFI, Big BIPA Outcomes, and More – Identity News Digest
  • AI Update: Sports Illustrated Authors, Illustrated
  • ECOWAS Wants Help With Its ID Roadmap – Identity News Digest
  • INTERPOL’s New Tool, a $6M Raise, and Digital ID in Europe – Identity News Digest
  • ITRC Biometric Working Group Paper Explores Face Biometrics in Identity Assurance

Biometric Associations

IBIA and fido

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 FindBiometrics