by Credit Loan Blog
In a world that is increasingly centered in technology, credit card companies are coming up with new ways to protect your identity – methods that, just a few years ago, were mere fantasy and they are being met with great success. Many of these new identity protection safeguards use biometric technology. This form of identity protection is the most favored by consumers, with almost two-thirds of cardholders preferring biometric identity confirmation to other forms of identity confirmation such as pin numbers and signatures. This is typically completed through the use of a fingerprint reader. New credit cards being debuted currently may require that your fingerprint be read at the checkout, or alternatively, that your credit card have a scanning device imbedded in it so that it could not be used unless your fingerprint was scanned first.
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