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Mastercards Selfie Payment Verification Could Drive New customer Acquisition

Mastercards selfie verification idea could mark as the next big solution to online payment security. Retailers will lose one-fifth of their customers (21%) from not offering enhanced payment security measures such as a finger print or other biometric sensors for mobile shopping. Nearly 1 in 5 shoppers (19%) have been the victim of fraudulent purchases as a result of a security breach at a major retailer. More confidence in payment security would make half of consumers more likely to shop online (48% in 2014 vs 42% in 2013)”]

Source: https://informationsecuritybuzz.com/articles/mastercards-selfie-payment-verification-could-drive-new-customer-acquisition/

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