Evolving biometric payment technologies could soon make it possible for one to pay for every transaction using nothing more than a quick scan of your fingerprint or iris, or even through a selfie, writes CHARLES PITTAWAY, Managing Director of Sage Pay.
Imagine a world where you never had to worry about having your bank card with you or remembering a long list of passwords and PIN codes. The time you’d save not having to dig in your handbag or pockets for some cash or a card to pay for your coffee.
You will not have to imagine for much longer. Fast evolving biometric payment technologies could soon make it possible for you to pay for every transaction using nothing more than what you were born with. Just a quick scan of your fingerprint or iris, or even a selfie. Our research shows that consumer appetite for new payments technology has never been stronger, so the time for biometrics may soon be at hand.
This year’s Sage Payments Landscape Report found that an overwhelming majority of consumers in the UK, US and South Africa (96% in South Africa) claim it’s important for businesses to offer customers a diverse range of payment methods. Most say they would be more likely to shop somewhere that offered them multiple ways to pay.
Hungry for change
The proliferation of mobile payment technologies and their successful adoption by businesses and consumers has paved the way for biometrics. Ease of use is a major factor for user adoption, but what really makes the difference is security. The importance of security has increased over recent years following a number of high-profile attacks affecting consumers.
Biometric technology has the power to make payments quicker, easier and more secure than ever before. However, it may not be the solution some might hope. Resourceful criminals could lift finger prints from glass surfaces; they’ll no doubt come up with a number of hacks and exploits to circumvent biometric security.
It also takes time to change behaviours that have become ingrained. Many of us still use PIN numbers to unlock our phones rather than the fingerprint technology built into most smartphones. When it comes to security there is a lot to be said for familiarity and the reassurance it gives us.
We at Sage are giving business builders the power to control their businesses from the palm of their hand. They, in turn, are giving their customers new ways to pay from their smartphones and other convenient devices. Biometrics will be an important part of that landscape in the coming years.
However, I doubt that it will entirely replace existing technologies and behaviours. For now, I think biometric technology will act as a further security measure; support for existing payment protections that will get us all used to the idea. Then, who knows, we could be paying for our weekly groceries in the blink of an eye.
Win a Poster Heater with Gadget and Takealot.com
This winter Gadget and Takealot.com are giving away three Poster Heaters, which look like posters but become heaters when you plug them in.
Three Gadget readers will each win a unit, valued at R550 each. To enter, follow @GadgetZA and @Takealot on Twitter and tell us on the @GadgetZA account how many Watts the heater consumes.
What’s the big deal about these heaters? Many of us are struggling to keep the balance between soaring electricity costs and the need to keep warm this winter.
However, the recently launched Poster Heater by EasyHeat and distributed in South Africa by Takealot.com is not only one of the most cost effective electric heaters currently on the market, it is also easy to setup and use.
As the name indicates, it is a poster similar to one you would hang on a wall. But, plug it in and it turns into a 300 Watt heater. The Poster Heater isn’t designed to heat hallways or large rooms, but rather smaller ones like a bedroom or a baby’s nursery or a dressing room.
It uses radiant heating, which means that it heats up in a couple of minutes and the heat is directed at the objects or people around it, quickly taking the chill out of the air and providing a comfortable ambient temperature.
The other advantage of radiant heating is that it doesn’t dry out the air like infrared or gas heaters. Users also don’t have to worry about their children or pets getting too close to it because, even though it gets hot, it can be touched.
To enter the competition follow the steps below:
Competition entry details:
3. The competition closes on 31 July 2018.
4. Winners will be notified via Twitter on 1 August and Takealot.com will be in touch to organise delivery.
5. The competition is only open to South African residents.
Deezer to host Hotstix’s Mandela tribute playlist
Deezer is celebrating Nelson Mandela on the centenary of his birthday by hosting a tribute playlist created by music legend Sipho “Hotstix” Mabuse.
Mabuse, a legendary figure in African music, first rose to prominence in the 1970s with his band Harari and later developed a name for himself as a solo artist. One of his best known songs was the global hit BurnOut in the 1980s.
The playlist takes the listener on a captivating musical journey through the life of Nelson Mandela. It was compiled by Mabuse, who consulted with Mandela’s family and friends to ensure that the music would be relevant and accurate. The playlist also features commentary by Mabuse, which was recorded in his Soweto home.
“I have tried to tell the story of the music that Madiba loved,” says Mabuse. “The Playlist excludes the time in prison obviously, as Madiba would not have had exposure to music in that time. We have focused on the music we know he loved before and after that period. This recording was really an emotional journey for me, but an incredible opportunity to document these memories.”
The playlist features the music the young Mandela loved, such as The Manhattan Brothers, Solomon Linda, Brenda Fassie and Miriam Makeba. It includes struggle songs from Chicco, Johnny Clegg, Hugh Masekela and Yvonne Chaka Chaka. The playlist also includes Mandela by Zahara, one of the younger artists who caught Madiba’s ear.
Mabuse also offers stories of his own songs, such as Shikisha, a song greatly beloved by the former President.
“I was delighted to share my thoughts and hope the listeners enjoyed the musical journey,” says Mabuse. “Madiba did enjoy music immensely and we all have a purpose wherever we are in the world to celebrate culture and to learn from different cultures and music forms and styles.”
This playlist was inspired by the Nelson Mandela 100 campaign, calling on corporates and individuals to act as sources of inspiration and engage in conversation and action.