Customers of Eastern Bank (EBL) in Bangladesh will soon be able to apply for a metal biometric payment card that will enable them to authenticate contactless payments at the point of sale with their fingerprint.
The bank is to roll out the worldâs first biometric card made out of metal in order to offer âa secure and hassle-free payment experience for the cardholdersâ and follows its introduction of NFC wearable payments to Bangladesh in September.
âWe are excited to introduce biometric metal cards to our customers complying with all regulatory requirements in Bangladesh and first to offer this latest technology to our customers, confirming our leadership and innovation positioning,â EBLâs Ali Reza Iftekhar says.
âWe believe biometric payment cards will become the new payment standard, supporting secure contactless payments, and ultimately bringing financial empowerment to all.â
The bankâs wearable payments solution â known as Wearebl â enables users to link their card account to an NFC payments ring, phone grip, phone holder, wristband or fob sleeve and then use the device to make in-store contactless payments âat a vast network of merchants globallyâ.
âCustomers will have the biometric metal cards in their hands by early 2024,â EBL says.
Eastern Bank to roll out worldâs first metal contactless biometric payment card in Bangladesh was written by Tom Phillips and published by NFCW.
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