The technology behind contactless payments is continuing to evolve at a frightening rate, with biometrics playing a pivotal role in this. Last year saw Gemalto launch the world’s first biometric EMV card for contactless payments, which included a fingerprint sensor on the right of the card body to enhance user security.
This is also part of a wider move to do away with cards altogether, with biometric solutions helping customers to pay with their smartphones and similar devices without compromising their safety.
For now, however, we continue to use standard and contactless debit cards to complete everyday purchases, while credit cards are also exceptionally popular amongst shoppers. In this post, we’ll contrast prepaid cards with credit cards.