Fingerprint start the next generation of payment method : Fingerprint payment: a new mode of mobile payment

Abstract

In the generation of mobile internet, fingerprint payment is one of the most popular topics at the moment. China has a big market and many users are using the mobile payment methods. There are a large number of mobile phones equipped with fingerprint recognition technology. As we know, fingerprint payment brings us more convenience and safety. We do not need to use many bankcards, and fingerprint also eliminates the users from the trouble of queuing to pay. However, users send traditional digital password information though the network, and it is easy to hack. Replaced by digital password payment, fingerprint payment has become a new trend in the field of payments.

The purpose of this thesis is to research the fingerprint payment market in China, and research how to promote fingerprint payment. Information about fingerprint payment was summarized and collected from a variety of published sources.

As a result of this thesis, we may conclude that the development of fingerprint payment is in the beginning stage, and Union Pay should take a strong role in its development. Under the controllable risk situation, and according to the supporting industries for consideration, it will promote the fingerprint payment.