Visa Payment Passkey is a biometric authentication method that replaces passwords and SMS one‑time codes with a secure passkey stored on a cardholder's device. Users authenticate online payments with their fingerprint, face or device PIN, for a frictionless checkout experience.
Improvements in payment authentication have reduced fraud, but they’ve also introduced friction into the online checkout experience. Visa Payment Passkey is built to Fast Identity Online (FIDO®) standards and represents the next step in card not present (CNP) authentication—with a host of valuable benefits.
FIDO® and the stylized FIDO logo are trademarks (registered in numerous countries) of FIDO Alliance, Inc.
Visa Payment Passkey requires a one-time consumer set up to bind their device. Once the biometric authentication is set up, it can be used enable a frictionless check out experience at participating merchants.
Visa helps you provide the smooth purchasing experiences customers expect — with the protections they need.
FIDO2 is a global standard for strong authentication. Established by a consortium of the world’s leading technology companies, including Visa, this solution stores the authentication credential, or passkey, locally on the consumer’s device and uses the consumer’s native device biometric capability or screen lock to authenticate the consumer. Visa is applying this strong authentication to the payment experience.
-50% fraud rates with biometric authentication vs. Short Message Service (SMS) one-time passcodes (OTP)¹
100% of all major OS providers and 90% of web browsers support FIDO® authentication natively²
4B estimated consumer devices that support FIDO® authentication³
- Analysis based VisaNet data globally, from July-December 2023, comparing biometric authentication to step-up through OTP sent over text message.
- FIDO Alliance: learn more about FIDO Passkeys and FIDO Passkey usage information.
- FIDO Alliance Input to NIST.
See how Visa Payment Passkey can bring biometric authentication to your customers.
With Visa technology on your side, you can gain a competitive edge to meet today’s challenges — and tomorrow’s.