PayPal is making a move beyond the password of iOS users.
In collaboration with a Korean cell phone giant, PayPal will introduce Apple’s biometric tech as the security compliment to One Touch for the web, which rolled out earlier this month.
“As one of the founding members of the Fast Identity Online (FIDO) Alliance, we strongly believe that industry collaboration is required to create a future that moves beyond the password. From our collaboration with Samsung introducing fingerprint authentication technology to pay to our recent launch of One Touch ™ for the web, we’re helping you authenticate in more secure and convenient ways. And, we want to make sure you have the best experience possible. So, as of today, you can now log in to the PayPal app and access virtually any part of your PayPal wallet using Apple’s Touch ID in all markets where the PayPal app is available.”
To use One Touch PayPal, users need only log into PayPal on a TouchID enabled Apple device – at which point the user will be asked if he or she wishes to enable Touch ID. After that set up, PayPal customers will be able use their fingerprints to access their accounts, send money to friends or even use their digital wallets.
“Helping you shop securely and conveniently is a top priority,” PayPal noted in its post. “We want to make sure you have control over how you decide to shop and pay – whether it’s using biometrics like fingerprint authentication or shopping online with One Touch for the web – we want to make paying simple and more secure.”
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