Will biometric cards change the way benefits are dispensed? Research estimates 2.5 million biometric cards to be issued in 2021 and that according to industry reports, biometric payment cards with built-in fingerprint sensors could add $5billion to revenue in the global banking sector by 2026. SynopsisSrinivasan said that while FSS has not directly engaged with the government, he said the use case for biometrics, especially in a country like India where there is a lot of adoption of biometrics in any case, owing to Aadhaar and Aadhaar-enabled payments makes it a perfect place to use biometric cards for the dispensation of benefits.

Source: Economic Times July 14, 2021 14:15 UTC