How Biometric Payment Boost Banking Business Optimization

 With people squint towards contactless payment and concern on financial security issues, biometric technology is gradually applied in the banking business. Biometric payments could contribute $5 billion to global banking revenues by 2026, UBS analyst reported.


Biometric facial Payment terminal Banking Business

There is no doubt that safe and accurate are the basic standards for bank businesses. Thanks to the in-depth development of face recognition technology, facial recognition system and biometric payment like biometric facial payment can play a significant role in enhancing the security and convenience of the banking business and even boost its optimization and promotion.

 

How does biometric payment improve the banking business?

 

In the past, people used to carry their ID cards, take a long queuing and fill in a series of forms to apply business in the bank. It takes bank staff a long time to confirm individual information by human comparison and then process applier business, resulting in low working efficiency, error-prone and huge complaint.

 

Nowadays, bank staff can use the face payment terminal to capture and extract the applier’s face image, upload and compare it with the database within seconds. After validation, they can immediately conduct operation procedures with extreme accuracy.

 

Option of biometric facial payment terminal

 

Take Telpo's latest biometric facial payment terminal C9 as an example. In virtue of its financial level 3D structured light camera, face recognition would take just seconds with up to 99.5% accuracy, while minutes will be taken and error may happen when identifying individual identification by naked eyes. As the facial feature is unique, thus identification verification efficiency and accuracy would be greatly assured and improved.


Biometric facial Payment terminal Banking Business C9


Considering people's different payment habits, the face payment terminal C9 supports secure encryption PIN, IC/NFC module, and QR Code professional hard decoding. The applier can create or enter the password through the device, and make transactions by face payment, IC/NFC payment, or QR code payment. Financial certification such as EMV/PCI/ PayWave/ PayPass further guarantees financial transaction security.

 

Combining financial certification with face recognition technology, Telpo biometric facial payment terminal C9 is one of the indispensable security transaction equipment for banks to ensure the quality of financial services and promote digital transformation.

评论

发表评论

此博客中的热门博文

How To Clean And Maintain Self-checkout Kiosk?

图片
  Self-checkout is gaining more and more popularity from both retailers and consumers.   75% of people said that they preferred to purchase products using self-checkout as it can save time, Consumer Reports reported. When it comes to the device that promotes business growth, it is quite important to do well in its clean and maintain jobs.  Here are a few practical tips to ensure self-checkout kiosks are normally up and running.   Place it in the proper environment.  Different kinds of self-checkout kiosks are made of various materials and have quite different demands on the environment. Please don’t place an indoor-rated kiosk outside or in an area with numerous dust or particles in the air, because accumulated dust is easy to cause malfunction of the kiosk. The cleaning method is to remove the outer shell of the kiosk and wipe it with a damp cloth (please contact the supplier if the outer shell is not easy to remove).   Keep clean.  The touchscreen could be recognized as the most prom
阅读全文

Health Pass Solution Assist Vaccination Status Verification

图片
  Along with the EU Digital COVID Certificate Regulation entry into force on 1 st   July 2021, many European countries have announced respectively local health passes and made it mandatory to show for access to certain public places.      In France, a compulsory passe Sanitaire (health pass) for access to cultural and leisure venues has already come into force on July 21. Individual should use the valid health pass to prove they are vaccinated or have tested negative for Covid-19, otherwise, they might be fined €135 for a first offense. And the health pass requirement will be extended to a large scope after August.   As an e-certificate that stores and records vaccination and COVID-19 test status, the health pass allows vaccinated people to prove their health credentials at the scan of a QR code. It is not only good to reduce the risk of virus spread but only conducive to boost cross-border businesses and tourism development.     Guided by the successful experience of health code solut
阅读全文

A Comprehensive Guide on NFC POS Machines

图片
  Technology is changing the life. Among the many innovations, NFC has emerged as a pivotal force in the realm of POS. This article delves into the world of NFC POS machines, exploring what NFC is, how it is applied in POS machines, the advantages it offers, and the various scenarios and industries where NFC POS machines are making a significant impact. What is NFC? NFC, or Near Field Communication, is a cutting-edge technology that allows for the exchange of data between devices over a short distance without the need for an internet connection. It operates on radio frequency identification (RFID) principles, using electromagnetic fields to enable communication between devices. NFC tags contain information that can be read by an NFC-enabled device, and they can also be written to, allowing for a two-way exchange of data. How NFC is Applied in POS Machines? NFC-enabled POS machines integrate this technology to facilitate contactless transactions.     When a customer uses an NFC-enabled
阅读全文