The stakes related to the adoption of Biometric Point-Of-Sales Terminals are increasingly well-appropriated. In fact, each others are now aware that Payment card numbers and passwords can be easily hacked by cybercriminals, leading to fraudulent payment card transactions.
To minimize this, Biometric Point-Of-Sales Terminals can bring peace in minds; despite the
lack of standardization; a barrier to interoperability. So, the absence of
unanimous standards in the global biometric POS terminals market is hindering
market growth.
According to Research and Markets, the global
biometric POS terminals market is projected to grow at a CAGR of 26.94% during
the period 2016-2020.
One can also observe that, Restaurants
worldwide are implementing biometric technology at merchant POS terminals to
record employee time and attendance, authorize overrides and discounts, and
secure payment solutions.
Vendors include:
- Bitel
- Biyo
- Crossmatch
- Danal
- DERMALOG Identification Systems
- EKEMP
- Fujitsu
- Ingenico
- M2SYS
- PayTango
- Safran Morpho
- Sthaler
- SmartMetric
- Verifone
- Zwipe