Mastercard is setting up performance requirements and a testing framework which will work for different climates and environmental conditions. However, there are some technical limitations. If someone has a very greasy finger, the biometrics may not work and instead the card will fall back to a secondary CVM such as PIN or signature, set by the bank.
While stakeholders, economics and opportunities may differ, when it comes to preserving revenue, lowering decline rates of good cardholders and ensuring efficient operations are top priorities for merchants - with the majority indicating that innovative technology is crucial to enhancing security.
The solution requires no changes for acquirers or merchant hardware or software as it is compatible with any type of EMV-enabled terminal that has satisfactorily completed the Mastercard Terminal Integration Process (TIP).
My experience was positive and I'll be happy to refer others to your bank. Thank you.”
As a Merchant, I prefer to use Aman Pay QR because in a short period of time I was able to put my full trust in this service provided by the bank, the direct reason is to provide all that I need as a Merchant from the ease of the sale and purchase process that occurs between me and the customer. After few seconds, the financial value of the purchase is added and a message containing the details of the transaction is sent. The Operation is successfully done.”