Biometric Payment Research Articles

Solution for Public Smart Dispenser Using Digital Payment Based on the Fingerprint Minutiae Algorithm

Technological advancements have significantly focused on secure and efficient digital payments. In the context of Public Smart Dispensers (PSDs), using authentication and verification in payment transactions is crucial to address security concerns, enhance transaction efficiency, and provide a better user experience. This study employs minutiae algorithms for the fingerprint identification and verification process. Fingerprint identification utilizes the crossing number method, while fingerprint verification uses a validation score. If the validation score exceeds the threshold of >80, fingerprint verification is considered successful; conversely, verification is deemed unsuccessful if the validation score is <80. Through testing, biometrics as a payment method was conducted 100 times, resulting in an accuracy rate of 94% with an identification response time of approximately two or three seconds. The research findings demonstrate the practicality of implementing fingerprint biometric payment methods with minutiae algorithms on Public Smart Dispenser payment systems in the field of digital payments and technology. This enables fast and efficient transactions, significantly reducing the risk of fund misuse. Consequently, users can easily access water through Public Smart Dispensers, underscoring the real-world applicability and relevance of this solution. Implementing this technology can enhance user comfort and security while expediting the transaction process, which is crucial for public use. Therefore, this research makes a significant contribution to the advancement of fingerprint-based payment technology on public smart dispensers.

ЭКОНОМИЧЕСКИЕ И СОЦИАЛЬНЫЕ ПОСЛЕДСТВИЯ ВНЕДРЕНИЯ БИОМЕТРИЧЕСКОЙ ОПЛАТЫ ТРАНСПОРТНЫХ УСЛУГ В СЕВЕРО-ЗАПАДНОМ ФЕДЕРАЛЬНОМ ОКРУГЕ

The article discusses the economic and social aspects of the introduction of a biometric payment system in the trans- port infrastructure of the Northwestern Federal District. The potential benefits and risks associated with the protection of per- sonal data and the security of the systems used are analyzed, as well as expected changes in the convenience and effective- ness of such a payment method for end users.

Exploring consumers’ competence, autonomy and relatedness needs in the adoption of facial recognition payment technology

Facial Recognition Payment Technology (FRPT) is an emergent innovative biometric payment system that may involve more complexed consumer decision-making process due to its reliance on using consumers' images and financial information. Earlier research on FRPT adoption has overlooked drivers and barriers of ‘trial’, which logically precedes ‘adoption’. For retailers, there is also an unclear understanding about the evolution of consumers' needs before trialling a new and potentially risky technology. Drawing on the Basic Psychological Needs Theory (BPNT), this current study takes an exploratory approach and uncovers factors that lead to consumers' ‘needs satisfaction’ or ‘frustration’ for autonomy, competence, and relatedness across early stages of the innovation-decision process. Study 1 offers an extensive systematic literature review, then Study 2 adopts an exploratory approach by conducting (n = 21) in-depth interviews. A conceptual framework is offered that defines the meaning of each fundamental human need of BPNT in each stage – including knowledge, persuasion and trial, of the technology adoption process, and underlines the factors drive these needs positively or negatively. The developed framework has important implications for retailers and countries who aim to introduce FRPT or similar new technologies in their market.

A comprehensive view of biometric payment in retailing: A complete study from user to expert

The new financial and commercial scenario driven by technological advances has undergone a rapid reconfiguration in the recent years. Innovation has generated new payment alternatives that are transforming the concept of money and payment habits among consumers. One of the most novel payment systems nowadays is known as biometric payment. Improved payment systems will improve retailing and consumer services. The aim of this study is to develop an analysis of biometric payment based on two complementary studies. In the first one, the variables predicting the intention to use this technology are determined on a sample of 1905 potential users by means of different feature selection methodologies from artificial intelligence in a holistic model that integrates the principles of the UTAUT2 model, the General Risk Theory, and the Trust Theory. In the second study, two panels of Fintech industry experts compare these results. The overall insights obtained show that perceived risk, trust, and social influence are the variables that, from the experts’ experience, users consider most important when employing this technology. This research provides useful information for financial and business decision-makers in companies interested in commercializing this type of technology.

PERANCANGAN APLIKASI SISTEM INFORMASI PARIWISATA BERBASIS WEB DI KABUPATEN NAGEKEO PROVINSI NUSA TENGGARA TIMUR DENGAN METODE LOCATION BASED SERVICE (LBS)

The research objectives are; designing a web-based information system that provides information about tourist attractions, culinary delights, and lodging in the Nagekeo district. In the application development process using the Rapid Application Development (RAD) method and modeling design using Data Flow Diagrams (DFD). From the discussion that has been described, it can be concluded that the results of this study tourists can easily and quickly get information about tourist objects, culinary, lodging around tourist sites in Nagekeo district. It is estimated that tourism development technology will continue, which is a big opportunity for companies and destinations, especially in Indonesia. There is a need for studies on tourists on cultural experiences, streaming platforms, metaverse technology, biometric payment methods so that there are innovations to attract visitors and add value to the local tourism industry through the implementation of digital solutions.

Enhancing Financial Security and Energy Efficiency: Integrating Biometric Payments with Power System Engineering in India

This research explores the integration of biometric payment systems with power system engineering within the Indian financial sector. It aims to understand and optimize this convergence by examining the current state, assessing power consumption patterns, evaluating regulatory compliance, and providing holistic insights. Utilizing a mixed-method approach including qualitative interviews, focus group discussions, and quantitative surveys, the study uncovers variations in biometric adoption rates among financial institutions, highlighting the correlation with power consumption and the necessity for standardized frameworks. The findings underscore the importance of balancing technology adoption, energy efficiency, and data protection. Practical implications include informed decision-making for financial institutions and refined policies for regulatory authorities to foster a secure, efficient, and sustainable payment ecosystem. This research contributes to existing knowledge by offering comprehensive insights and emphasizes the need for energy-efficient strategies and robust regulatory standards. Overall, it advances our understanding of this convergence, paving the way for a more secure and sustainable financial technology landscape in India.

Biometrics Innovation and Payment Sector Perception

This paper presents an analysis of innovations in the biometrics market, which have started to play a very important role in personal identification and identification systems. The aim of the study was to analyze current customs and opinions regarding payment methods, as well as to identify threats and opportunities for new biometric solutions in this area. First, the history of the biometrics market is presented. Acceptance patterns of new technologies are explored and modified. The authors used literature reviews, qualitative research (focus groups), and quantitative research (questionnaire survey) as methods. The main value and importance of biometrics is the uniqueness of biometric patterns (e.g., face, fingerprint, iris, etc.), which takes the security of these systems to a new level. The results of the quantitative study based on the qualitative survey show positive verification of the hypothesized reasons; e.g., importantly, that the age of potential users of biometric payments influences the fear about personal data. Fear of losing personal data affects the perceived safety of biometric payments. Perceived security has a very strong influence on attitudes towards biometric payments, which is the strongest predictor of behavioral intention to use biometric payments.

Do biometric payment systems work during the COVID-19 pandemic? Insights from the Spanish users' viewpoint

Technological developments are changing how users pay for goods and services. In the context of the COVID-19 (coronavirus disease 2019) pandemic, new payment systems have been established to reduce contact between buyer and seller. In addition to the pandemic, the future is payment processing is also uncertain due to the new EU security regulations of the Payment Services Directive (PSD2). Biometric payments one option that would guarantee the security of transactions and reduce the risk of contagion. This research analyses the intention to recommend the use of the mobile phone as a tool for collecting payments in a shop using iris reading as a biometric measure of the buyer. The moderating effect of the fear of contagion in the proposed relationships was also analysed. An online survey was carried out, which yielded a sample of 368 respondents. The results indicate that the main antecedents of intention to use, which precedes intention to recommend, are perceived trust, habit, personal innovativeness and comfort of use. Additionally, the moderating effect of COVID-19 was checked among users with a higher perception of risk. The results obtained have interesting implications for purchase management among manufacturers and retailers.

Consumer behavior change during the biometric payment technology implementation

A money evolution is going from classical payment form for goods and services to biometric ones last years. When companies introduce new biometric technologies, it is relevant to study a consumer readiness for the new payment system. This subject is new, studied and revealed still insufficiently in the scientific literature. The purpose of the article is to identify the existing biometric formats, the advantages and disadvantages of shopping by this way. Based on a scientific and Internet information sources the review and analysis of the activities of large Russian and foreign companies, providing the biometric payment service, on examples its implementation in retail and banking, are carried out. A comparative analysis of purchases at cash desks with a cashier, self-service cash desks and by biometric, is performed. The difficulties, which appear in switching from physical means to a biometric profile, and the technology limitations, are noted. The study recommends that companies and their partners and retailers, promoting the biometric payment, should inform consumers more to motivate them to use this method when shopping.

An empirical study of consumers' intention to use biometric facial recognition as a payment method

AbstractInterests in technology innovation has increased in many organizations. Collaborations among technology providers and marketers are occurring as they integrate these biometric technologies as a means of convenience and security for their consumers. Despite the benefits of integrating new technology to ease consumers' shopping experience, consumers are skeptical about using technology that requires their biometric data. Two studies were conducted to investigate the trust toward these biometric payment systems. Study 1 was conducted through a survey. The study investigated antecedents that affect consumers' trust of, attitude toward, and usage of a biometric payment system. Based on the results from Study 1, Study 2 was conducted by introducing two shopping modalities in the study. The results show that consumers would rather use a biometric payment system in stores than online. Between the two modalities, consumers' trust and attitude toward the technology have a stronger mediating role for online than in‐store toward their intention to use. In addition, self‐efficacy consistently moderates the antecedents (performance expectation and perceived risk) and their intention to use.

Biometric payment and gendered kinds in Ghana

ABSTRACT This paper explores how biometric payment practices in Ghana reinforce historically grown, patriarchal frames of representing women’s economic participation. As central modes of participation in social life, payment practices tie closely into national narratives of modernity and economic development. In this light, Ghana’s current biometric identification agenda, of which biometric payment constitutes a central element, has come to associate female entrepreneurs with normative gender identities which question their discipline, autonomy, and meaningful contribution to the economy. Two different institutions seeking to classify Ghanaian women in the interest of altering their behavior will be at the heart of the discussion. In the first case, I will focus on development experts’ routine representation of (Ghanaian) women as “dependent” on assistance. In the second case, I focus on the regulatory institutions of Ghana’s financial sector and the pursuit to formalize what is generally framed as “deviant” female entrepreneurship. The article addresses how the articulation of these normative gender identities reproduces historically rooted conceptions of Ghanaian women’s autonomy and economic participation, to the effect of their continued exclusion from relevant public decision-making processes. The paper finally explores the unconventional ways in which female Ghanaian entrepreneurs-turned-activists index emancipatory gender identities to seek recognition for their economic contribution.

Trust issues? The need to secure contactless biometric payment cards

Fingerprint authentication is a mature and trusted technology, refined through a decade of mass adoption across the mobile world. With biometrics now in over 80% of smartphones, it is also a preferred technology that has rapidly overtaken PIN authentication as the means to secure access to devices, make payments and secure applications.

Challenges and Customer Perception on E-Zwich Patronage in Rural Banks in Ghana

Ghana's banking sector and financial services, in general, have seen major significant technological. The implementation of e-ZWICH in Ghana in 2008 was welcomed with great enthusiasm as exciting news that would help the country transition to a cashless economy. Many Ghanaians signed up for the e-ZWICH, the first biometric payment system. After several years, it appears that interest and patronage have declined dramatically. The study investigated challenges and customer perception on E-zwich patronage in Rural Banks. The purpose of the study is to investigate the adoption and sustainability of E-Zwich service in Ghana. To achieve the purpose of the study a descriptive research design was adopted, using the quantitative approach and the administration of questionnaires to 349 respondents in the data collection process using convenience sampling. In this research, Statistical Package for Social Sciences (SPSS) was employed, whereas Structural Equation Modelling (SEM) technique using smart Partial Least Square (PLS) software version 3.0 was also employed. Two assumptions were made by way of hypotheses. The findings of the study revealed that in the comparison of patronage of E-zwich have positive impact on customer perception and E- zwich challenges. The study finds observed that there is a significant positive relationship between patronage of E-zwich on customer perception and E- zwich of challenges judging from the results of the respondents. The study recommends that, in order to increase patronage of e-ZWICH, GhIPSS should intensify their education on how to operate the stand-alone machine. Measures such as sensitization workshops should be organized by the GhIPSS to encourage Ghanaian companies and individuals and in particular the rural folks to patronize the service. Banks and other non-bank financial institutions should show interest and take up e-ZWICH as a core product. Financial institutions should step-up their customer relations in order to motivate and encourage current customers to continue to patronize the service.

A qualitative analysis of the feasibility of deploying biometric authentication systems to augment security protocols of bank card transactions

Background: This study investigated the end-users’ perceptions about the feasibility of deploying biometric authentication systems as intervention solutions to ameliorate card fraud in the South African payment card industry. Objectives: The objective of the study was to determine if the existing banking technology and telecommunications infrastructure were capable of supporting biometric payment systems. Method: In this qualitative research, interviews were conducted with 30 sample elements selected from commercial banks, telecommunications companies and other service providers. The sample included individuals working with banking back-end technologies, telecommunications service providers and credit card fraud experts. Results: The study established that banking technology and telecommunications infrastructure were capable of supporting biometric payment systems. It was revealed that the deployment of biometric systems would mitigate card fraud transactions. However, findings showed that introduction of zero-floor limits led to high traffic volumes, creating congestion on the telecommunications connectivity. Thus, there was a high likelihood that transaction processes would be slow during peak periods. Conclusion: The implementation of biometric systems required highly skilled information technology personnel to oversee and support these technologies. This was identified as a potential hindrance for banks. The study established that existing banking and telecommunications infrastructure was capable and supported biometric systems. Banks were not keen to invest in an outright biometric environment because of the huge costs that would be incurred in implementing advanced technologies.

Can Empowerment be Enhanced by Putting Cash in the Hands of Poor Women? Learning from Pakistan’s BISP Program

The Benazir Income Support Programme (BISP) is the large-scale public sector program in Pakistan that targets the poor women by providing unconditional cash transfers. In this paper, we have analyzed the impact of BISP’s cash transfers on women’s empowerment after two, five, and eight years of intervention. Women’s empowerment is defined by four dimensions including women’s mobility, decision-making, political voice, and spousal violence. The impact is measured by using a fuzzy regression discontinuity design for cross-sectional data and a difference-in-difference approach for panel data. The results reveal that after two years of intervention, there was no significant impact on women’s empowerment; however, after 5 and 8 years, there was a substantial impact, especially on women’s mobility, their involvement in decision-making, and voting behavior. The biometric payment also helped women to go outside home and control on cash herself. Despite the positive impact on women’s mobility and political voice, a mild impact is found on women’s bargaining power and gender norms i.e., involving women in decision-making by their husbands and violence against women.

Analisys and Implementation Cloud-based Biometricauthentication in Mobile Platform

Based on the Indonesian Central of Statistics the level of poverty people in September 2018 was 25.95 million, based on data, the government allocation care fund the reduce poverty people, the fund are given through the bank. However, banks cannot allocation funds because the cost for build infrastructure is expensive, such as making an ATM. about that, the banks need to find a new solution to allocation care fund to the poverty people, Mobile Platform Biometric Cloud Authentication is one solution. In this study, the experimentationn of the biometric face recognized( face data enrypt and decript by algoritma AES 256 bit) to secure online payment mobile application based on the QR Code scan and face recognition[8,10]. The concentration of this study lies in the experimentationn of biometric face recognize and QR Code scan on biometric payment based face recognition and QR Code scan mobile applications that play a role in data communication security. The test results on this mobile application show that scanning a QR Code and biometric face recognize can be implemented at an online merchant transaction with an accuracy of 95% and takes 53, 21 seconds in transactions.
 Keyword: biometric, cloud server, Cryptography, QR Code.

A Robust Hybrid Biometric Face Recognition Payment System

Modern civilization has always been endeavoring to achieve a cashless and digital society. The emergence of payment methods like cards, net banking, and digital wallets have enabled the possibility of cashless and cardless online and offline payments. However, these payment methods are at the risk of theft and sometimes may require users to memorize different passwords. Biometric Payments may seem like a viable option but, the fingerprints can be spoofed and dirt particles may damage the fragile sensors. Face recognition payments are more frictionless than the present card, mobile and biometric payment systems as they do not require a device to carry out the transaction. It is also reliable, secure and efficient. Hence, saving time for both the customer and retailer. The previous system used Eigenfaces and Euclidean Distance for face recognition payment. Our proposed system uses Haar Cascades for face detection and Local Binary Patterns Histogram(LBPH) for face recognition. Our proposed approach is more efficient with respect to parameters such as noise reduction, threshold, training time, confidence and accuracy as it achieves a higher noise reduction and accuracy with a lower threshold, training time and confidence.

The Standard for Biometric Multi-modal Fusion IEEE P2859TM has been Initiated

The mobile payment industry has been rapidly developing globally. Biometric payment accounts for a large proportion of mobile payments.IIFAA, an influential industry alliance in China, has proposed a Local Password-free Protocol and provided a complete security solution.Based on the success of the IIFAA standard and solution, IEEE P2859 - Standard for Biometric Multi-modal Fusion was initiated.

Biometric Smartcards and payment disbursement: a replication study of building state capacity in India

ABSTRACTMost low- and middle-income countries lack the infrastructure to efficiently process and deliver payments to beneficiaries of welfare programs. As a result, many poor people are financially excluded or receive only a portion of the funds intended for them. There are few empirical studies for policy reference to identify and justify potential returns of public investment in building technology-based infrastructure. This study replicates a recent experimental study that fills this empirical gap by examining the effect of biometrically authenticated payments, ‘Smartcards,’ on India’s two largest welfare programs (a work-for-payment scheme and a national pension program). We evaluate the original study’s findings and obtain comparable outcomes – that Smartcards decrease the time lag for recipients to receive funds, reduce leakages of benefits and increase enrollment rates in the two programs. We also examine the robustness of the original study to outliers, alternative model specifications, changes in estimation methods and treatment effects heterogeneity bias.

Can mobile and biometric payments replace cards in the Korean offline payments market? Consumer preference analysis for payment systems using a discrete choice model

The convenience of mobile and biometric payments are making these systems increasingly popular in the Korean offline payments market. However, the diffusion of alternative offline payment systems such as mobile or biometric payments is slower than expected. Therefore, the purpose of this study is to analyze consumer preferences for payment systems and examine the effects of consumers’ characteristics on the marginal utility of mobile and biometric payments. It uses the discrete choice experiment consisting of five major attributes to estimate preference parameters, and analyzes the data using the mixed logit model. The results show that consumers preferred cards to mobile and biometric payments even if they displayed the same level of related attributes. The scenario analysis results based on consumer preferences also showed the need to develop the overall attribute level of mobile and biometric payments. Furthermore, consumers’ positive attitude or innovativeness toward hi-tech products has a significantly positive effect on preferences for alternative payments. Based on the results, this study provides theoretical implications for consumer preference studies on payment systems and proposes market strategies for the diffusion of major next-generation payment systems from multiple aspects.