Taiwanese payment card manufacturer Beautiful Card Corporation (BCC) has obtained Mastercard's approval for its biometric payment card, featuring Zwipe Pay inlays and IDEX Biometrics' fingerprint authentication sensors and solutions. This follows BCC receiving a letter of approval (LOA) from Visa in March last year.

The approval should help Zwipe and IDEX to expand their operations primarily in Asia but also across the globe, as BCC is reportedly the second-largest card manufacturer in Asia and the seventh-largest in the world.

Analyst QuickTake: Biometric payment card manufacturers and technology providers have been receiving approvals from leading payment networks Visa and Mastercard, which pave the way for commercialization. For instance, three months ago, IDEX’s fingerprint sensors passed Mastercard’s FTAS , while Zwipe’s payment card tech was also approved by Mastercard (August 2022) and Visa (March 2022). Meanwhile, Visa and Mastercard approved Idemia’s “F Code” biometric payment card in November 2021, featuring solutions from IDEX and Zwipe .