PayPal Partners to Bring Fingerprint Payment Authentication to Computers
PayPal is partnering with Lenovo, Intel and Synaptics to bring fingerprint payment authentication to computers. By combining different forms of technology from each of the companies, the group will allow online shoppers to speed up the checkout process on their computers like they currently do on their phones and tablets.
Fingerprint authentication is nothing new. Most mobile wallets and payment systems like PayPal will pull from a smartphone’s existing fingerprint verification system to authorize payments online. Fingerprint scanners have also been around for computers for several years, but they were mainly used as password alternatives when opening a computer. Now the system has come full circle, where the built-in fingerprint scanners for Lenovo computers tie into processors like PayPal to verify a user’s identity when making a payment.
The goal is to eliminate the need for passwords and to enhance the security of online payments.
Johnson Jia, senior vice president of PC and smart device business at Lenovo, said the company wants to free users from the “burden of remembering complex passwords by providing a simple authentication solution.”
The partners have not announced when a computer will be out with this particular technology, but it is in the works. After the recent Yahoo data breach that exposed 500 million accounts, enhanced security for online shopping is now more important than ever.
This entry was posted in Credit Card News and tagged PayPal , online security , identity theft , identity fraud , biometrics , fingerprint identification , fingerprint authentication , checkout process , secure transactions , secure payments , Intel , Lenovo , payment authentication , fingerprints , computer security , Synaptics , Johnson Jia , authentication solution
The information contained within this article was accurate as of September 28, 2016. For up-to-date
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