#BTCWhaleMovement MasterCard is working with other banks, fintechs, and merchants to establish and create an infrastructure that allows for the integration of technologies such as biometric authentication and one-time codes generated through mobile applications, so that by the year 2030 this technology will be used in 100% of operations.
In addition to being more secure, as you cannot have a card stolen or have your PIN copied to make payments, it will be more convenient for the user as they will not have to remember passwords or even carry a physical card with them.
This innovation aims not only to expedite purchases but also to significantly reduce the risk of fraud, as it eliminates the need to share confidential data, being a much safer method that protects each user's information.
What MasterCard proposes is that instead of using credit cards and secret PIN codes, each user will be able to validate their payment using their biometric data, whether with the palm of their hand, a fingerprint, or facial scanning.
