MasterCard to Roll Out ‘Selfie’ Passwords Soon

What's Hot

The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

How a Mexican Tariff Will Boost the Cost of 6 Common PurchasesFamily

This Free Software Brings Old Laptops Back to LifeMore

How to Protect Yourself From the ‘Can You Hear Me?’ Phone ScamFamily

Report: Walmart to Begin Selling CarsCars

Where to Sell Your Stuff for Top DollarAround The House

Is Your TV Tracking You? Here’s How to Tell — and Prevent ItAround The House

11 Staging Tips to Help You Get Top Dollar When Selling Your HomeAround The House

21 Restaurants Offering Free Food Right NowSaving Money

20 Simple Hacks to Make Your Stuff Last LongerAround The House

4 Car Insurers That Might Raise Rates Even When the Accident Wasn’t Your FaultCars

How to Invest If Trump Kills the ‘Fiduciary Rule’Grow

12 Surprising Ways to Wreck Your Credit ScoreBorrow

9 Secret Ways to Use Toothpaste That Will Make You SmileAround The House

The 2 Types of Music That Most Improve Dog BehaviorFamily

Starting this summer, customers in a dozen countries can make mobile payments by simply snapping a selfie to verify their identity.

MasterCard is about to radically change how you use the company’s app to make payments.

Starting this summer, customers in a dozen countries can make mobile payments by simply snapping a selfie to verify their identity.

In a CBS News report, Cheryl Guerin, MasterCard executive vice president of products and solutions, offered details about the cutting-edge approach to making payments:

“The technology basically assigns a value to your face, the shape, the exact length of your nose, etcetera.”

The company has announced that in addition to face recognition, it will test a variety of authentication methods, including voice recognition and cardiac rhythm, which will be checked through a wristband.

MasterCard is not the only company planning to use selfie technology. Earlier this month, Money Talks News reported that recently filed a patent for a pay-by-selfie system.

Other companies are developing similar technologies to identify customers, including fingerprint scans, palm scans and iris scans, CBS reports. All of this is being done in the name of convenience and enhancing the security of online data.

What do you think of “selfie” passwords and other types of cutting-edge authentication methods? Sound off in our Forums. It’s the place where you can speak your mind, explore topics in-depth, and post questions and get answers.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!


Read Next: 8 Smarter Ways to Use Your $1,000 Savings on Gas This Year

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,795 more deals!