One in ten Londoners ready to ‘consider microchipping themselves’ to speed up contactless payments

5 august 2019

11 per cent of Londoners surveyed by PaymentSense and YouGov said they’d consider microchipping themselves to make it quicker for them to make contactless payments.

The survey found that nine per cent of people across the country would be in favour of some kind of implanted chip.

The survey from the European payments processor also found support for some other ways consumers could turn their bodies into debit cards. 

More than a quarter say they would be happy to use fingerprint scans to verify payments, if their fingerprint was linked to a prepaid account. Meanwhile, 16 per cent would even consider using retinal scans to do the same thing.

Biometric authorisation has become an increasingly popular idea among financial companies. Several banks have embraced voice ID for telephone banking and NatWest is trialling a debit card that uses a thumbprint rather than a PIN to authorise payments.

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Nic Marius Balaceanu – Founder & CEO Lendrise

„For more than a week now, ScoreRise enrolls daily hundreds of users through an innovative facial recognition interface. Enrollment takes less than a minute and it does not require presence of a human operator or video recording. And, of course, it stays fully GDPR compliant with help from Reff & Associates and Deloitte Romania.”

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