Infineon Technologies, in collaboration with Fingerprint Cards in Sweden, has unveiled a cutting-edge biometric chip card solution that is set to revolutionize the payment card industry. The new Infineon Secora Pay Bio represents a significant advancement in biometric payment card technology, designed to meet the stringent specifications of major players like Visa and Mastercard.
The Secora Pay Bio integrates Infineon's SLC39B system-on-chip Secure Element with the FPC1323 sensor from Fingerprint Cards, housed within the Infineon Biometric Coil on Module (BCoM) package. This innovative implementation allows for seamless and secure biometric authentication, paving the way for a more convenient and secure payment experience for consumers.
One of the key features of the Secora Pay Bio is its support for in-field enrollment, a groundbreaking capability that eliminates the need for additional devices or complex setup procedures. Cardholders can easily enroll their fingerprint credentials during payment transactions, enhancing both security and user experience.
Moreover, the SLC39B Secure Element offers a range of advanced features, including a large memory size, excellent contactless performance, and integrated power source. The use of inductive wireless coupling technology further enhances the card's durability and reliability, while simplifying the manufacturing process.
With the Secora Pay Bio solution meeting the stringent requirements of major payment networks, such as Mastercard and Visa, the adoption of BCoM technology promises a streamlined production process with minimal operational changes. This not only ensures compliance but also facilitates a rapid rollout of biometric payment cards with superior performance and user-friendly onboarding.
The versatility of the module extends to various enrollment options, including sleeves, smartphone apps, and in-field enrollment. The user-friendly enrollment sheet simplifies the fingerprint enrollment process via smartphones, making it more accessible and convenient for consumers.
Tolgahan Yildiz, Head of the Trusted Mobile Connectivity and Transactions Product Line at Infineon, expressed enthusiasm about the potential of the Secora Pay Bio solution, stating, "With this all-in-one solution for biometric payment cards, we are pushing the boundaries of payment cards further. SECORA Pay Bio enables easy-to-implement and scalable production of robust and reliable biometric payment cards with high throughput and a smooth consumer experience."
Industry analysts predict a significant growth in the biometric card market, with estimates reaching up to 113.3 million units by 2028. This growth is driven by increasing demand for secure and convenient payment solutions, as well as the declining costs associated with biometric technology. Biometric payment cards offer an additional layer of security against fraud, making them an attractive option for consumers seeking enhanced protection.
Having undergone successful pilot testing, the Secora Pay Bio module is now available for mass production, offering a comprehensive design-in package for seamless integration. For more information on this groundbreaking biometric payment card solution, visit www.infineon.com/secorapaybio.