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Study finds Americans support biometrics-based payment systems

  • Author:zz
  • Source:zz
  • Release on:2017-07-21
a new survey covering American consumers’ perceptions about “futuristic” payments technologies and currencies, including biometric solutions such as fingerprinting, facial recognition, retinal scanning and voice control.
After surveying 1,000 U.S. consumers, Viewpost found that 80 percent of Americans are in support of biometrics-enabled payments technologies and currencies.
The study found that 52 percent of respondents believe that payments between companies and customers will be exchanged via mobile app in the future.
Based on the survey results, U.S. consumers are highly anticipating futuristic currencies and payment technologies, particularly biometrics.
The survey found that 50 percent of respondents believe fingerprint technology will be used for authentication to pay and receive payments over the next 10 years.
Thirty-five percent view facial recognition as a key authentication technology for making payments within the next ten years, while 32 percent of consumers said they trust facial recognition for securing electronic payments.