Great news for disorganized Baby Boomers who can’t remember their 30+ usernames and pass codes. By the end of the year, you will be able to withdraw cash and pay for goods and services by using your thumb print, voice, retina and even heartbeat, Visa claimed this week.
By 2020, the average consumer will have more than 200 passwords they have to remember, whoa! That just means an explosion of places where your card details might be stored, which is never good because of recent hacks to banks. To remove that risk Visa can push that authentication to something that’s more natural and unique to the consumer, such as a retina scan, a thumbprint or heartbeat. There will be no more fumbling for your wallet, pushing in a 16-digit card number. Well that’s a relief for online shopaholics.
This is a huge game changer and liberating for us all. 👏🏼