Mobile biometrics to authenticate $2 trillion of sales by 2023, driven by over 2,500% growth. Remote payments to account for 57% of all biometric transactions by 2023
A new study from Juniper Research has found that mobile biometrics will authenticate $2 trillion worth of in-store and remote mobile payment transactions annually by 2023. This is 17 times the $124 billion expected in 2018, as initiatives furthering secure remote payment transactions and more open biometric platforms proliferate.