Mastercard enhances checkout experience at Red
Expres Store with partners Ingenico, Fujitsu Frontech and
Scanntech
Mastercard today announced the expansion of its global Biometric
Checkout Program in Latin America (LAC). With partners Ingenico,
Fulcrum Biometrics, Fujitsu Frontech, and Scanntech, Mastercard has
launched an innovative in-store biometric payment experience at
Tienda Inglesa’s Red Expres in Uruguay. This is the first Biometric
Checkout Program pilot that allows shoppers to pay with their palm
and the second pilot in the LAC region.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240603887414/en/
Mastercard launches Biometric Checkout
Program in Uruguay (Photo: Business Wire)
Red Expres shoppers can register their information, payment
credential and biometric on-site and effortlessly pay for their
goods by placing their hand over a sensor at the payment terminal.
The Biometric Checkout Program allows for faster payment and
shorter lines at checkout, and integrates with loyalty programs,
leading to an enhanced and personalized customer experience.
“We are excited to expand our Biometric Checkout Program further
into Latin America with the launch of our pilot program at Red
Expres,” said Federico Cofman, Cluster Lead for Argentina,
Paraguay and Uruguay, Mastercard. “Consumers are looking for
more choice in how they pay, and thanks to our collaborative
innovation, we can deliver more seamless, secure payment
experiences.”
Mastercard’s Biometric Checkout Program represents a
first-of-its-kind technology framework to establish standards for
new ways to pay in-store. A cutting-edge payment system, developed
by Ingenico and Fulcrum Biometrics, a Fujitsu company, enables
pilot participants to register their palm biometrics and link it to
any debit, prepaid or credit card, allowing them to seamlessly pay
without a wallet or device.
“Palm is one of the most secure biometrics for identifying
customers and enabling a smooth and seamless payment experience. It
is faster than traditional chip and pin and offers several tangible
advantages, including unmatched security. We are seeing a lot of
interest from merchants in the solution that we have developed with
Fulcrum Biometrics. Through the Mastercard Program, these global
partnerships are set to transform payment experiences for more
consumers,” said Arnaud Dubreuil, Director of Innovation,
Ingenico.
“We believe that biometrics will create an easier and more
secure environment for everyone around the world, in our
ever-expanding digital society. I'm very happy to see our
PalmSecure and Fulcrum Biometrics technology shaping Ingenico’s
next generation of payment solutions through the Mastercard BCO
program,” stated Takahiro Matsumura, Corporate Vice President of
Fujitsu Frontech Limited and Global Head of PalmSecure
Business.
"We are proud to be the first in Latin America to offer palm
payments within Mastercard’s Biometric Checkout Program using
cutting-edge technology. Innovation is in our DNA, and we always
seek to provide our customers with the most practical and adapted
ways to make their purchases with the utmost convenience," said
Juan Manuel Parada, General Director of Tienda Inglesa
Group.
Verónica Bustamante, General Manager of Scanntech,
commented on the company's commitment to technological development
and process simplification with maximum security. "Due to its high
level of precision in identifying individuals, palm vein technology
helps merchants reduce identity theft and payment card fraud, which
cause significant losses. In this way, we continue to bring
innovative solutions according to our customers' needs, helping
them grow their business," she noted.
Launched in Spring 2022 in Brazil, Mastercard’s Biometric
Checkout Program is set to transform in-store payments. Last year,
Mastercard announced an expansion of the program to the Asia
Pacific region. To continue to advance in-store biometrics,
Mastercard will launch several biometric pilots later this year in
countries across the globe.
About Ingenico
Ingenico is the global leader in payment acceptance and
services. We support our customers, and their customers to do more
with payments. Active in 37 countries, with over 3,500 employees we
have been at the forefront of the commerce landscape for over four
decades. With more than 40 million payment devices deployed
worldwide, powered by over 2,500 apps, the company is servicing the
needs of millions of consumers every day. Through our advanced
integrated solutions and network of partnerships, we simplify the
world of payments and bring value added services to move commerce
forward.
About Fujitsu
Fujitsu’s purpose is to make the world more sustainable by
building trust in society through innovation. As the digital
transformation partner of choice for customers in over 100
countries, our 124,000 employees work to resolve some of the
greatest challenges facing humanity. Our range of services and
solutions draw on five key technologies: Computing, Networks, AI,
Data & Security, and Converging Technologies, which we bring
together to deliver sustainability transformation. Fujitsu Limited
(TSE:6702) reported consolidated revenues of 3.7 trillion yen
(US$26 billion) for the fiscal year ended March 31, 2024, and
remains the top digital services company in Japan by market share.
Find out more: www.fujitsu.com.
About Scanntech
Scanntech was founded in Uruguay, expanded into Latin America
with over 2,300 employees, process more than 10 billion
transactions annually and now leads the way across all the
countries where it operates. The Company arrived in Brazil in 2013
and grew rapidly. Now 8 out of every 10 top retailers and more than
150 major manufacturers use its service with the largest ticket
coverage with more than USD 150 billions per year. Scanntech has
revolutionized the way market information is used: by going from
clustered and expanded information to see trends, Scanntech has
designed a swift and actionable granular intelligence platform
through which the best opportunities to boost retailers’ and
manufacturers’ results and bring business partners closer.
Scanntech’s intelligence model is possible only because our base
provides the most comprehensive coverage of Brazilian retailers and
information from more than 45,000 points of sale – ticket by
ticket, item by item, which ensures actionable, robust and accurate
information, algorithms and artificial intelligence.
About Tienda Inglesa Group / Red Expres
With over 150 years of history in the Uruguayan market, Tienda
Inglesa Group in the recent years has created a vast network of
supermarket chain identified as Red Expres. This network comprises
over 60 branches spread across Montevideo, Canelones, Maldonado,
San José, Soriano, and Río Negro, aiming to offer its customers a
quality assortment at excellent prices. Located in key points
throughout the country, the chain is as close as possible to its
customers and adds its proposal to the 19 branches that Tienda
Inglesa Group has in Montevideo, Canelones, and Maldonado. Tienda
Inglesa Group confirms its growth vocation, as it has become the
leading eCommerce chain in addition to its physical stores,
allowing its customers to make direct purchases from its website
and app with deliveries nationwide.
About Mastercard (NYSE: MA)
Mastercard is a global technology company in the payments
industry. Our mission is to connect and power an inclusive, digital
economy that benefits everyone, everywhere by making transactions
safe, simple, smart and accessible. Using secure data and networks,
partnerships and passion, our innovations and solutions help
individuals, financial institutions, governments and businesses
realize their greatest potential. With connections across more than
210 countries and territories, we are building a sustainable world
that unlocks priceless possibilities for all.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240603887414/en/
Andrea Denadai Andrea.Denadai@mastercard.com
MasterCard (NYSE:MA)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
MasterCard (NYSE:MA)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
