Checkout.com has announced a partnership with Google Pay to integrate biometric authentication into its payment processing services. The collaboration will allow Checkout.com to offer merchants advanced biometric verification methods, including facial recognition, PINs, and passwords, to enhance payment security and streamline the checkout process.
Checkout.com’s AI-powered ‘Intelligent Acceptance’ system dynamically selects the most effective authentication method for each transaction, further optimizing security and the user experience. Initial trials demonstrated significant improvements, such as reduced checkout times and increased authentication success rates.
Biometric authentication is increasingly recognized as a solution to balance security with convenience in digital payments. Traditional methods like one-time passcodes often lead to delays and user friction, which can result in cart abandonment.
The integration with Google Pay allows Checkout.com to address these challenges, providing a more seamless and secure payment process for merchants and consumers alike.
Google Pay announced the rollout of an update that introduced biometric payment authorization earlier this year. The update enabled Android and Chrome users to use fingerprints, facial recognition, or screen lock PINs to verify card details during checkout, enhancing security and convenience.
Source: The Paypers
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August 12, 2024 — by Ali Nassar-Smith
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