PayPal pairs with Samsung for fingerprint authorised payments
To coincide with the recent Samsung Galaxy S5 release; PayPal has launched an app that takes advantage of the integrated biometric sensor and FIDO ready software on the new Smartphone to facilitate secure login to their services via fingerprint. This will enable Samsung S5 users to use their finger to authorise payments to be made in shops and online stores that accept PayPal (in up to 25 countries). In a blog post by the Chief Product Officer for PayPal, Hill Ferguson, the company claims that not only is using fingerprint more convenient (saving the hassle of ‘typing in a lengthy username and passwords on a tiny mobile device’) it is actually more secure. And with recent concerns about security following the Heartbleed controversy, many may welcome the joint step taken by Samsung and PayPal.
Also unveiled by PayPal is their app for Samsungs latest wearable devices – the Gear 2 and Gear Fit – allowing users to check-in to their PayPal account to check the balance, save via promotional offers and pay from your wrist on the go..