Biometric payment as an option

As smart technology spread across our life’s and of course, the Internet. The options you have to handle your transactions also increase. So Paysafecard, funded a study to know how safe their customers felt about the new biometric options. Although the report is still in its raw format and only contains a few metrics. It still indicates where we’re heading and where most players’ concerns are too.

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What are biometric payment options and how do they work?

First, let’s answer the main question to make sure we’re all on the same page. To sum up, biometric transactions are a money transfer that requires either a fingerprint, face or voice recognition to get processed. And nowadays, most smartphones can handle them. Because as you know, many already use voice commands and fingerprints.

However, it seems that despite the biometric availability. Players are still in favour of approving transaction using the trusted way, with a password. In fact, according to the study, 81% of consumers still prefer to use password over biometric. Plus, 56% believe that biometric approval actually increases the risk of identity theft. But it’s important to point out that the report didn’t include customers’ demographics. And the players’ age and location could drastically change the outcome of the survey.

Not all about trust

paysafecard Biometric payment as an optionIronically, 45% of the people included in the research didn’t share their biometric data. And 31% thought that their fingerprints could easily be copied too. The truth is since the technology is still new. It’ll take time to surpass the password encryption habit. But it will as it evolves. But all numbers aside, Paysafecard is still an excellent option to deposit to gamble. Many excellent brands like 666Casinos, Gate777, Dream Jackpot, and Rizk offers it. To identify yourself you can either use the biometric feature or the password and PIN code. The choice is yours, at least for now…