Payments giant PayPal has collaborated with Samsung to allow Samsung Galaxy S5 consumers to make payments through PayPal on mobile and in-stores using fingerprint technology.
With the new biometric feature, Galaxy S5 users will no longer need to remember passwords or login details across millions of PayPal merchants.
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The partnership marks PayPal as the first global payments company to support Samsung’s mobile fingerprint authentication technology.
PayPal chief product officer, Hill Ferguson, said: "By working with Samsung to leverage fingerprint authentication technology on their new Galaxy S5, we are able to demonstrate that consumers don’t need to face a tradeoff between security and convenience.
"With a simple swipe of a finger, consumers can still securely log into their PayPal account to shop and pay with the convenience that mobile devices afford."
Starting in April 2014, PayPal fingerprint authentication on the Samsung Galaxy S5 will be available in 26 markets globally, including Australia, Brazil, Hong Kong, Russia, the UK and the US.
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By GlobalData
