Samsung planning to launch fingerprint-based mobile payment system at the end of the month


Samsung SDS, IT services subsidiary of Samsung Group, announced yesterday that it plans to launch a mobile payment system based on the simple fingerprint to the end of the month. Although the system was initially launched in South Korea, the company has also announced plans for a global deployment. At the moment, it is unclear whether this system of mobile payment will be a part of the initiative to Samsung payment, or if we are talking about an independent service.

According to the media in South Korea, biometric authentication Samsung is the second in the world to receive certification IDentity Fast Online (FIDO) association. FIDO is an international coalition of companies that sets standards for biometric authentication systems, and its members include Microsoft, Google, Qualcomm, and PayPal.

With its new biometric authentication system, Samsung is expanding fingerprint sensors mounted latest smartphone, as the company plans to integrate its system free password authentication in many other product categories such vehicles, smart homes and other devices based on the IO. In the past, several patents Samsung emerged online implying that the company is looking at the iris scanning systems as well, and this recent announcement only strengthens our belief that Samsung is betting big on alternative authentication systems.


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