{"id":20341,"date":"2022-02-08T02:50:00","date_gmt":"2022-02-08T02:50:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2022\/02\/08\/singapore-is-ready-for-biometric-payment-cards-2\/"},"modified":"2022-02-08T02:50:00","modified_gmt":"2022-02-08T02:50:00","slug":"singapore-is-ready-for-biometric-payment-cards-2","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2022\/02\/08\/singapore-is-ready-for-biometric-payment-cards-2\/","title":{"rendered":"Singapore is ready for Biometric Payment Cards"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>SINGAPORE &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\" rel=\"sponsored\">Media<br \/>\nOutReach<\/a>\u00a0&#8211; 8 February 2022 &#8211;\u00a0<a href=\"https:\/\/www.zwipe.com\/\" rel=\"sponsored\">Zwipe<\/a>, a biometric fintech pioneer, conducted<br \/>\na comprehensive consumer investigation in Singapore during Q4 2021 to study 150+<br \/>\nconsumers&#8217; payment preferences and feedback on biometric payment cards.<br \/>\nConsumers&#8217; feedback on biometric payment cards was extremely positive,<br \/>\nindicating a strong demand for biometric payment cards.<\/p>\n<p>\nBelow are some interesting facts from the survey:<\/p>\n<ul>\n<li><b>88%<\/b> of consumers<br \/>\nwould prefer their next payment card to be biometric<\/li>\n<li><b>70%<\/b> of consumers<br \/>\nare ready to switch to a new bank for a safer way to pay<\/li>\n<li><b>80%<\/b> of consumers<br \/>\nhave concerns on the risk of infection when paying in-store and touching the<br \/>\nPOS<\/li>\n<\/ul>\n<p>The survey&#8217;s findings are consistent with data<br \/>\navailable from other worldwide studies undertaken in the Nordics, Canada, USA,<br \/>\nUK, Germany and South Africa. Consumers across the world, just as in Singapore,<br \/>\nwant a payment solution that delivers world-class security and user experience<br \/>\nand ensures 100% touch-less check out at all times.<\/p>\n<p>\u00a0<\/p>\n<p><b>Zwipe: A biometric fintech pioneer<\/b><\/p>\n<p>Founded<br \/>\nin 2009 with the mission to make &#8220;convenience safe and secure&#8221; through the use<br \/>\nof biometric technologies, Zwipe has today emerged as a pioneer in NxtGen<br \/>\npayment solutions. The company believes that the inherent uniqueness of every<br \/>\nperson is the key to a safer future. Zwipe works across networks of<br \/>\ninternational organizations, industries and cultures to bring biometric payment<br \/>\nsolutions globally.<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: normal\">\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00ad\u00adHeadquartered<br \/>\nin Oslo, Norway, Zwipe&#8217;s growing team is represented by 14 different<br \/>\nnationalities in nine countries across five time zones &#8211; from Colorado Springs<br \/>\nto Singapore.<\/span><\/p>\n<p><b>Strong demand for Biometric Payment Cards <\/b><\/p>\n<p>According to Claus Hansen,<br \/>\nZwipe&#8217;s newly appointed VP of Sales for APAC, &#8220;The payments market in Singapore is mature and<br \/>\nsophisticated, with banks and fintechs offering highly digital services for<br \/>\nretail, e-commerce and mobile financial services. The more-traditional smart<br \/>\ncard segment is the area where Singaporean consumers are now expecting card<br \/>\nissuers to step up. The Zwipe Pay<br \/>\nplatform, which includes a single silicon biometric system on the card, is a<br \/>\ngame-changer in the payments sector as it has dramatically reduced the unit<br \/>\ncosts and improved the biometric performance ensuring an excellent user<br \/>\nexperience.&#8221;<\/p>\n<p>\u00a0<\/p>\n<p style=\"text-align: center\"><img data-src=\"https:\/\/images.media-outreach.com\/218508\/zwipe.jpg#image-218508\" class=\"lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\"\/><\/p>\n<p><noscript><img src=\"https:\/\/images.media-outreach.com\/218508\/zwipe.jpg#image-218508\"\/><\/noscript><\/p>\n<p>He further<br \/>\nhighlights, &#8220;Consumers value convenience, security, and safety when selecting<br \/>\nand using a payment method. As such, Zwipe is well positioned to provide cutting-edge<br \/>\ncard-based solutions that enable our clients in APAC to respond to market<br \/>\ndemands, while also establishing ourselves as the strategic technology partner<br \/>\nof choice.&#8221;<\/p>\n<p>\u00a0<\/p>\n<p>Hansen has worked in payment technologies,<br \/>\ncybersecurity, fintech, and smart cards for over 25 years. In the APAC region,<br \/>\nhe has held senior executive management positions with Entrust, NXP<br \/>\nSemiconductors, Gemalto, dzcard, and Kona I.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/singapore\/2022\/02\/08\/118912\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE &#8211;\u00a0Media OutReach\u00a0&#8211; 8 February 2022 &#8211;\u00a0Zwipe, a biometric fintech pioneer, conducted a comprehensive consumer investigation in Singapore during Q4 2021 to study 150+ consumers&#8217; payment preferences and feedback on biometric payment cards. Consumers&#8217; feedback on biometric payment cards was extremely positive, indicating a strong demand for biometric payment cards. Below are some interesting facts &hellip;<\/p>\n","protected":false},"author":1,"featured_media":20296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/20341"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=20341"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/20341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/20296"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=20341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=20341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=20341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}