mobile, payments

Payment biometrics growing rapidly

Biometrics to Secure over $5.6 Trillion of Payments by 2020 (Investorideas)

“Biometric vendors are experiencing tremendous growth on the back of the escalation of consumer-led adoption of biometric security. The adoption for payment purposes is a major contributor to this growth and Goode Intelligence forecasts that by 2020 it will contribute US$5.6 billion in revenue from $5.6 trillion worth of payments for companies involved in delivering biometric systems to the payments industry.”

The full report from Goode Intelligence is available here.

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