NEW YORK — Verifone has been recognized as Best in Class for its Biometric Identity and Payment Platform by Javelin Strategy & Research for the second consecutive year. The platform allows consumers to enroll once and then pay using biometric verification, such as facial recognition or vein mapping, at any participating merchant. This technology can be integrated as a retrofit add-on to existing payment devices, through SDKs and APIs for various POS brands, or via Verifone's biometric-enabled Victa terminals that support multiple payment methods.
The biometric platform requires shoppers to opt in and employs liveness detection to prevent spoofing and deep fakes, with fallback to standard card payments if verification fails. Verifone does not store biometric data; it remains with the enrolling organization. The platform complies with global security and privacy standards including PCI, GDPR, and FIDO Alliance principles. Amarinder Bansal, Senior Vice President, Global Products at Verifone, said “Being named Best in Class for a second consecutive year confirms that a shopper’s identity can travel with them from”.
CREDIT: Verifone
Original release on GlobeNewswire