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Payments Association of South Africa launches 1st biometric standard

August 2, 2016

The Payments Association of South Africa has collaborated with Visa and MasterCard to offer new biometric solutions including facial, palm, voice, iris and fingerprint verification.

The technologies are designed to offer financial institutions and solution providers with open interoperable solutions by preventing fraud and ensuring safer payment options.

“Through this interoperable biometric verification standard in South Africa, we can connect a complicated web of players who operate with different rules and technologies,” said Mark Elliott, division president for MasterCard, South Africa, in a release.