Payments language demystified

Biometric payments use unique physiological or behavioral traits, such as fingerprints, facial recognition, or voice recognition, to authenticate and authorize transactions. They are increasingly integrated into payment systems for their convenience and enhanced security, reducing dependency on (Personal Identification Number) PINs or passwords. Biometric technology is frequently used in mobile wallets, ATMs, and point-of-sale (POS) systems, creating frictionless payment experiences while mitigating fraud.