December 8, 2017
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.