PayPal, Samsung prep fingerprint authentication

Eden Estopace
08 Apr 2014
00:00
News
Daily News

Users of the newly launched Samsung Galaxy S5 will be the first to be able to shop at any merchant that accepts PayPal on mobile and in-stores using only their fingerprint.

PayPal said fingerprint authentication on the Samsung Galaxy S5 will be available starting this month in 26 markets globally, including Australia, Brazil, Hong Kong, Russia, United Kingdom and United States.

In an announcement made last February, Paypal said it will be the first payments company to support Samsung's mobile fingerprint authentication technology. Consumers will no longer need to remember login passwords.

The Samsung Galaxy S5 was launched at the recent Mobile World Congress in Barcelona.

“By working with Samsung to leverage fingerprint authentication technology on their new Galaxy S5, we are able to demonstrate that consumers don’t need to face a tradeoff between security and convenience,” said Hill Ferguson, Chief Product Officer for PayPal.

“With a simple swipe of a finger, consumers can still securely log into their PayPal account to shop and pay with the convenience that mobile devices afford.”

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