In a recently conducted informal research at Glenbrook on payment preferences, the findings were quite unexpected........The most popular option followed by cash was fingerprint, then contactless. Mobile based payments seemed rather distant
In an earlier post, I had highlighted the opportunity presented by biometrics in enhancing security and ease of transactions. In discussions I've had with industry professionals, this has largely met with a "not sure" response. Would the storage of biometric information by banks and financial institutions be considered an extreme intrusion of the customer's privacy, and would urban customers accept this? ...Your views?