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Up to 2.5 Million Biometric Payment Cards to be issued in 2021 as Second-Generation Architectures Hit the Market


Posted December 16th, 2020 for ABI Research
London, United Kingdom - 16 Dec 2020
According to global tech market advisory firm ABI Research, up to 2.5 million biometric payment cards will be issued in 2021 as the market reaps the benefits of significant ecosystem efforts, tailored specially to help reduce product cost, improve yield, and simplify manufacturing processes. Today over 20 biometric payment card pilots are active globally, and the first commercial launch, by BNP Paribas, was announced earlier in 2020. The biometric payment card is viewed as the next-generation evolutionary card form-factor to help enhance contactless authentication, providing a future contactless payments experience without limits.
“It’s taken time for the biometric payment card market to take shape because it is the most complex card form-factor ever developed. First-generation biometric payment card solutions can command an Average Selling Price (ASP) anywhere between ....

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