Samsung Fingerprint Credit Card – Most of us do use credit cards, yet somewhere in our mind this question must arise that if our credit card is lost, then no one should use it wrongly, or some kind of fraud. By the way, in the present time, many upgrades have taken place in the credit card, like earlier you get the features like Pin Verification, Contactless payment etc.
The technology that is being done in the credit card at the present time is going to be completely changed in view of the security in the future because Samsung has announced the launch of its new credit card Samsung Fingerprint Credit Card, in which you A separate security is given.
Using this credit card, you will be able to make payment with the help of fingerprint of your hand, which will come in the market with very advanced technology. There is no need to worry about any kind of fraud in this.
In today’s article, I will tell you what is Samsung Fingerprint Credit Card, how will this credit card work, apart from who can take this card.
When can Samsung fingerprint credit card be launched in India, is it safe for making credit card payment, apart from this Samsung will also provide some important information related to fingerprint credit card, then you have to read this article till the end.
What is Samsung Fingerprint Credit Card?
Recently there are many credit cards in the market which come with their own unique features, cashback offer, advance facility, Samsung Electronics Vice President, Harry Cho, said that we are working towards creating such an environment with Mastercard and Samsung Card. Where consumers can access payment card services with peace of mind.
As you all know that Samsung is a Korean company, then this credit card will first launch only in South Korea through Samsung Card vertical, after that Samsung will launch the credit card globally.
This credit card will work on biometric technology, in which the security will be quite advanced, although the new card will use a more secure chipset than Samsung’s system LSI business.
This new credit card from Samsung can be used on any MasterCard chip or POS terminal.
When will the Samsung Fingerprint Credit Card be Launched in India?
As of now there is no official update about this credit card, when this credit card can be launched, as soon as this credit card will be launched in South Korea, and if this credit card gets success there. If so, then Samsung company can launch this card globally.
It is believed that this credit card will be seen in the market soon, Samsung Fingerprint Credit Card can bring this technology to the market in India in collaboration with other banks like HDFC Bank, SBI Bank, ICICI Bank etc.
Just like you use a normal credit card now, then in future you will be able to change this card to take this credit card with biometric technology.
Note: If any kind of official update comes about this credit card, then you will get it here in this article.
How does Samsung Fingerprint Credit Card work?
Samsung fingerprint credit card will work with biometric technology where you will be able to make payment with the help of your thumb. This credit card integrates fingerprint sensor, Secure Element (SE) and Secure Processor in a single chip.
The fingerprint scanner is used to store biometric data, tamper-proof Secure Element (SE) and authenticate encrypted data. Whereas Secure Processor analyzes and processes the biometric data.
The new IC uses a proprietary fingerprint authentication algorithm to analyze the unique characteristics of a user’s fingerprint. The chip also features anti-spoofing technology that helps fraudsters circumvent the security system with artificial fingerprints and other illegitimate means.
Note: Many types of frauds will be avoided due to the arrival of this technology in the market, but for this you have to protect your fingerprint, because if any technology using your fingerprint has come, then it will be for you.
According to this (via Kraken) it does not mean that fingerprints are not safe. In terms of current credit card security, you will get a lot of advanced security in Samsung Fingerprint Credit Card.
Who can take Samsung Fingerprint Credit Card?
Recently on January 25, 2022, Samsung Electronics has announced the launch of its first all-in-one biometric payment card. This credit card uses a smart all-in-one fingerprint security system, which combines a fingerprint sensor with a secure processor and a secure element.
It provides an additional security of authentication for the card. Right now this credit card has not been launched yet, you will get it as soon as it is launched.
In future, this credit card will be available to everyone in the same way, as now you have a credit card of the bank, the bank will change it and provide it by biometric tax.
Samsung Fingerprint Credit Card Review
Regarding this credit card, the credit card will come in the market with much advance security than the current credit card, because the Reserve Bank of India has An announcement has been issued that now you can get your credit card details from any online platform.
For example, there is no need to submit on Phone Pe, Amazon, Paytm, Airtel App or online platform, where you can use secure card tokenization.
With the advent of this technology in the future, many people will start getting some different benefits along with advanced security where you will be able to buy any Samsung product on monthly installments with this credit card.
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Conclusion
In this article I told you What is Samsung Fingerprint Credit Cards? How to get Samsung Fingerprint Credit Card, how much limit you will get in Samsung Fingerprint Credit Card, who can take Samsung Fingerprint Credit Cards, what documents you will need for Samsung Fingerprint Credit Card, all these information available Got it done. If you have any question left in your mind, then you can ask us by commenting below and if you like the information given by us, then definitely share it with you. Heartfelt thanks to all of you for taking out some time out of your precious time to read this post till here.
Note: This is only my personal review, it is not meant to hurt your feelings in any way, this information is told for educational purpose only. To avoid any fraud, do not share your OTP, personal information, card details etc. other information, as it can lead to fraud.
