Payments News


Bye bye credit cards, hello paying by eyeball: The future of spending your money

“Dr Laura Bradley, banking expert and lecturer at Ulster University, says the likes of iris, fingerprint and facial scanning technology is about to change how we pay for everyday items even further. But will we be getting our eyeballs scanned to pay for a coffee, probably not. “We already have facial recognition and fingerprint identification on Apple and Samsung devices, and the technology is there to support using your mobile for payments. But I think the way biometrics will be used is to access the device, then through the device you access your credit card.”