Samsung Electronics, Mastercard, Samsung Card, have signed a memorandum of understanding to develop a biometric card that features a built-in fingerprint scanner to authorize transactions securely at in-store payment terminals. The biometric authentication capability allows safer interactions with reduced physical contact points by eliminating the need to enter a PIN on a keypad. The adoption of the solution will be a gradual process, starting from corporate credit cards that have more frequent international transactions. Samsung Card will lead the roll out in South Korea, with plans to introduce the biometrics card later this year.
Source: https://www.helpnetsecurity.com/2021/03/05/samsung-electronics-mastercard-samsung-card/