New Delhi: Paypal has launched its fingerprint-based authentication system app for the Galaxy S5 in 25 countries. Using the phone app, you can log in to your PayPal account with a fingerprint scan instead of a typed password and make payments online or at participating retail locations that access PayPal payments.
It was first announced at the Mobile World Congress in Barcelona in February.
Customers can use their finger to pay with PayPal from their new Samsung Galaxy S5 because the FIDO Ready software on the device securely communicates between the fingerprint sensor on their device and PayPal's service in the cloud. The only information the device shares with PayPal is a unique encrypted key that allows PayPal to verify the identity of the customer without having to store any biometric information on PayPal's servers.
Paypal has also launched PayPay apps for Gear 2 and Gear Fit that lets users to check-in to pay with PayPal in eight countries, as it promised at the MWC 2014 earlier this year.