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Biometric Authentication Reshaping the Future of Online Payments

By CIOReview | Friday, August 9, 2019
Moritz Starke, Head of International Business

Moritz Starke, Head of International Business

Advanced biometric authentication service promises a smarter future of international payment processing, enabling quick identification, and ensuring security.  

FREMONT, CA: Computop, a global payment system provider, launches a new PSD2 compliant biometric authentication service for online merchants and banks. Computop with unique domestic payment methods helps the merchants tackle country-specific and channel-specific payment issues through omni-channel strategies.  

The advanced biometric by Computop allows the online merchants to take over the Strong Customer Authentication (SCA) eliminating the process of banks to run their two-factor authentication during payments. It includes a secure Fast Identity Online (FIDO) standard, which is suitable for PSD2-compliant strong customer authentication in online retail.

Today, modern customers opt for a safe, secure, and convenient biometric authentication using the fingerprint, face or voice- recognition. The FIDO powers the Computop’s biometrics to apply biometric authentication at every stage of the shopping process, from customer’s login to their checkout process. Smart authentication processes like the generation of the digital signature can transmit to the issuers with 3D Secure 2.0 data. This acts as the proof for the merchants; the whole already has applied PSD2- compliant strong customer authentication. The cloud service, Computop biometrics avails for access control, login procedures, and payment authentication.

The newly launched biometric authentication solution secures customer authentication, maximizing the user-friendliness for shopping apps and browser-based online shops. Maximizing comfort in the checkout process with a one-time high-tech authentication method, Computop’s biometrics saves the buyers unnecessary security checks. Handling over 150 payment processing solutions and connecting more than 50 local and global banks, Computop secures its position among the 20 Most Promising Payment & Card Solution Providers by CIO Review. A real omni-channel experience offered by Computop continues to span throughout the world.

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