“Rising Integration of Swipe Sensors in Contactless Payment Systems”
- Swipe sensors are increasingly being embedded into contactless payment devices to enhance security and improve transaction speed
- Financial institutions are incorporating biometric swipe sensors into smart cards and mobile payment terminals to ensure identity verification and fraud prevention
- For instance, companies such as Mastercard and Visa have rolled out biometric-enabled cards featuring swipe sensors to allow secure, PIN-free transactions
- Retailers and e-commerce platforms are adopting swipe sensor technology in handheld payment devices and kiosks to deliver faster and safer checkout experiences
- For instance, biometric payment terminals using swipe sensors have been deployed by retailers such as Carrefour and Amazon Go to streamline contactless purchases
