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As per our research report, the Biometric Payment Cards Market size is estimated to be growing at a CAGR of 31.8% from 2025 to 2030.
Biometric payment cards are changing how people pay for things. These cards are just like normal debit or credit cards, but they can read a person’s fingerprint. When someone puts their thumb on the card, the fingerprint is checked. If it matches, the payment is approved. No need for a PIN. No need for a signature. This way is simple, fast, and safe. Many people and banks are now using this technology in stores, cafes, and even online.
People want better security when they pay. One big reason this market will keep growing is because of fraud. Every year, many people lose money because someone else uses their card. With biometric cards, the card only works when the right person is holding it. That means even if a thief steals the card, they cannot use it. This makes people feel safer. Banks also like this because they lose less money. So more banks are giving out biometric cards. As fraud keeps happening in the world, more people will want these safer cards. That will make the market grow even more.
During the COVID-19 pandemic, people were afraid to touch anything. Many stopped using cash and even PIN pads. Everyone wanted touchless payments. Biometric cards became helpful during this time. These cards let people pay by touching only their own card. No buttons. No screens. Just a fingerprint. Stores liked this because it kept people from sharing germs. Many banks started testing biometric cards during the pandemic. People felt safer and cleaner using them. This helped the market grow faster. COVID-19 made people think more about safe, contact-free payments, and biometric cards fit that need very well.
Right now, a small but powerful thing is pushing the market ahead. Many big companies are working together to make biometric cards cheaper. Making these cards used to be expensive. Now, with better tools and smart machines, prices are going down. This is good for banks. It is also good for stores. As the cost drops, more banks can give these cards to people. And more people can afford to use them. This small change in cost is giving the market a short but strong push in the right direction.
Biometric cards are not only useful in stores. They can also be used in other ways. One big chance is using them for identity checks. For example, someone could use their card to open a hotel room. Or they could use it to check in at the airport. Since the card knows who the person is, it can replace keys, ID cards, and even boarding passes. This can help many businesses. Hotels, airports, offices — all could use biometric cards for safety and speed. This new use gives companies a big chance to make new tools and services around the card.
Something interesting is happening in this field. More and more people are using cards with built-in energy. These cards have small batteries or get power from the card reader. This is a growing trend. Before, fingerprint sensors needed more energy and space. But now, card makers are finding smart ways to shrink everything. New biometric cards are thinner, lighter, and more powerful. They can be used in more places. As this trend grows, card makers will keep making better and smaller cards. That means more people will want them. And the market will keep growing with new designs and smarter tech.
Even with all these good things, there are some hard parts too. One big challenge is making sure the card works in all countries. Every place has its own card machines, rules, and banks. So card makers must build something that works everywhere. Another hard part is teaching people to trust the card. Some people worry about privacy. They are scared that their fingerprint might be stolen. Also, some banks are not ready for this new tech. They need new machines and systems. This costs money and time. All these things slow down how fast biometric cards can grow.
KEY MARKET INSIGHTS:
• By Components, the part of the card that is the biggest in use is the fingerprint sensor. This is the tool that reads the finger. It sits inside the card and helps approve the payment. People like it because it is fast, safe, and already trusted. Now, the part that is growing the fastest is the contact plate. This is the shiny patch on the card that touches the reader machine. It helps start the payment and give power to the fingerprint sensor. Makers are adding more smartness to contact plates, and that is making this part grow very quickly.
• By Authentication Technology, When it comes to how the card knows who is using it, fingerprint recognition is used the most today. It is simple, already in phones, and works almost every time. That makes it the largest tech type for biometric cards. But something else is catching up fast. Facial recognition is growing quickly. This method checks the shape of a person’s face. New cameras and smart software are making this better each day. As people see it used at airports and phones, they are starting to want it in cards too.
• By Card Type, Debit cards are the most used type of card with biometrics. These are cards people use to pay directly from their bank accounts. They are used every day for food, fuel, and fun. That is why debit cards are the largest group. Credit cards, though, are now growing the fastest. These let people borrow money and pay later. As more stores accept credit cards and people want rewards or cashback, banks are giving out more credit biometric cards. The mix of safety and reward is helping them grow fast.
• By Application, Biometric payment cards are used for many things. Right now, most are used for payments in shops, buses, and online stores. So, payments are the largest application of these cards. A growing use, though, is in government ID and programs to help people join the banking world. This area is called financial inclusion. In some places, people do not have ID cards or bank accounts. These biometric cards help them get services safely. That is why this part is growing the fastest.
• By End-User Vertical, Banks and other financial groups are using biometric cards more than anyone else. These groups give cards to customers, so the banking and financial world is the largest area using them. But now, shops are starting to use biometric cards too. In stores, fast checkouts and happy customers are very important. So, retail is the fastest growing place where these cards are used. Stores want new ways to help people pay faster and safer.
• By Region, In the world, North America is using biometric payment cards the most. People there use many cards, and banks there try new things quickly. That makes this region the largest for these smart cards. But Asia-Pacific is moving forward fast. Places like India, China, and South Korea are testing and using these cards more and more. As more people get bank accounts and phones in Asia, the demand for smart cards is growing fast. That is why Asia-Pacific is the fastest growing region.
• Companies playing a leading role in the Biometric Payment Cards Market profiled in this report are Bio-idz; BNP Paribas; Goldpac Fintech; IDEX Biometrics ASA; Infineon Technologies AG; MasterCard; NXP Semiconductors; Thales Group; Visa Inc.; Zwipe etc.
Global Biometric Payment Cards Market Segmentation:
By Type / Components:
• Sensor (Fingerprint Sensor)
• Contact Plate
• Other Components
By Authentication Technology:
• Fingerprint Recognition
• Iris Recognition
• Facial Recognition
• Voice Recognition, Vein Recognition, Others
By Card Type:
• Debit Cards
• Credit Cards
• Prepaid Cards
By Application:
• Payments
• Access Control
• Government ID & Financial Inclusion
• Other
By End‑User Vertical:
• Banking & Financial Institutions (BFSI)
• Retail
• Government
• Healthcare
• Transportation & Hospitality
• Commercial Entities & Others
By Region:
• North America
• Asia-Pacific
• Europe
• South America
• Middle East and Africa
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