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It will be possible to operate in ATMs through the fingerprint

Bhavi Mandalia by Bhavi Mandalia
January 22, 2021
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In the coming months, ATMs will need to have fingerprint readers so that users validate your identity Through this modality, the Central Bank reported today.

This regulation will govern both ATMs already enabled as for those that are put into operation in the future

The plan of the monetary authority is for all ATMs to have this function in December 2022. To move forward with the implementation, a schedule was designed so that ATMs that already have biometric readers enable this mode before June 30 of this year.

“The footprint is an option that can reduce friction between users and technological devices, also facilitating the payments of social benefits to people who do not have a debit card,” they said in a statement.

Using the fingerprint will be optional, as other systems, such as security codes, will remain in force.

Anyway, to operate at the ATM the fingerprint will not suffice, since it will also be necessary to identify yourself with your DNI number or with a personal password (PIN).

“The use, which will be optional, also favors access to ATMs by groups in society with a higher degree of vulnerability, facilitating their financial inclusion at quality levels,” the statement details.

The use of the fingerprint is possible because Argentina has a centralized biometric database managed by the National Registry of Persons (Renaper).

The percentage of ATMs with biometric readers should reach 35% as of December 31, 2021, 60% as of June 30, 2022 and 100% as of December 31, 2022, as stipulated in the official communication.

The new regulation contemplates that the ATM networks take into account in their adaptation plan the mechanisms for achieve interoperability with this identification system so that users can access their accounts at any bank

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Bhavi Mandalia

Bhavi Mandalia

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