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Daily Review: Defining the Future of Payments, Visa Bets on Biometrics

The biometrics market is expected to experience a substantial growth over the coming years. Some estimates suggest that by 2020, global mobile biometric market revenues will reach $34.6 billion annually. Mobile technology is believed to become a major force in accelerating the adoption of biometrics. More than 800 million biometrically enabled transactions will be completed annually on mobile devices by 2020, generating nearly $7 billion in annual biometric authentication revenue.

To embrace the opportunity and meet ever-increasing consumer expectations from online and offline experiences, Visa makes biometrics the centerpiece of the future of payments.

Biometrics centerpiece of Visa's new security roadmap

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