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Payment Passkey Service
September 8 , 2024
80 days
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- Mastercard announced the worldwide launch of its new Payment Passkey Service.
- It aims to make online shopping more secure and easier than ever.
- This service has debuted in India as a pilot with some of the nation’s largest payment players.
- Payment passkeys use device-based biometric authentication methods such as fingerprints or facial scans.
- It was replacing traditional passwords and OTPs.
- Passkey Service makes transactions not only faster, but also more secure against fraud and scams.
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