MasterCard Friday has announced at the ongoing TECH+ Conferences and Expo in Lagos that it is developing selfie technology for biometric authentication for online payments to eliminate fraud.
Omoke Ojomuyidele, business head of Mastercard told attendees at the well-attended TECH+ that the innovation will contribute to boosting cashless initiative in Nigeria.
“MasterCard says that to use the upcoming function, customers will be required to download the MasterCard app on their phones and once an online purchase is at the checkout stage, the app will push through a request asking authorisation before payment is submitted.”
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