The Global biometric Point of Sale (POS) terminals market

Hacker attacks targeting vulnerable POS terminals to steal payment card data via several methods increase. So that it is now indispensable to secure vulnerable POS terminals.

 

The Adoption of Biometric Systems at POS Terminals appears henceforth as a powerful technique when it comes to bring peace in minds.  

According to Technavio, in 2015, fingerprint and palm-vein identification were the two major biometric technologies that were implemented at merchant POS terminals. Fingerprint biometric technology accounted for an 85% market share, followed by palm-vein identification with a 15% market share. 

Once can discover that, the major reason for the dominance of fingerprint biometrics at merchant POS terminals is because fingerprint biometric POS systems are easy to use and install.

For those who are unfamiliar, fingerprint scanners scan individual fingerprints to capture its unique pattern of ridges and valleys. An authentication system compares the scanned image to the stored image of the ridges and valleys to verify the identity of an individual. 

Palm-vein identification biometric systems authenticate the identity of an individual based on the unique vein patterns in an individual's palm. The vein scanner captures the vascular patterns of an individual's palm for identification. These patterns are scanned and stored in the biometric database template and then matched with the records in the database to confirm the identity of an individual.