Consumers in Vietnam are bullish on biometrics, with 75 percent finding them more convenient than using cards and seeing them more secure than PINs or passwords. In 2022, the use of biometrics increased in frequency by 59 percent and has been used for payments by 76 percent of Vietnamese people.
Consumers in Vietnam are bullish on biometrics, with 75 percent finding them more convenient than using cards or other devices for authentication.
Biometrics are recognized as more secure for identity verification than PINs and passwords by 78 percent of Vietnamese consumers, according to new research from Mastercard, Vietnam Business Forum reports.
More than three-quarters (76 percent) also see biometrics as more secure than traditional authentication methods for payments.
Biometrics have also been used for payments by 76 percent of Vietnamese people within the past year.
The use of biometrics increased in frequency by 59 percent this year.
Among modalities, 93 percent are using or plan to use fingerprint biometrics, and 89 percent use or will use facial recognition, followed by voice recognition (79 percent).
The findings are published in Mastercard’s New Payments index 2022, which cover 40 markets in five different regions.
Source: Biometric update.com