• In order to provide a user-friendly method of logging in to an account, Passkey’s biometric authentication provides a fingerprint or face scan as a manner of authentication.
  • Users of Mercuryo who activate Passkey now have the ability to log in using the company’s biometric solution without having to enter a One-Time Passcode (OTP).

Mercuryo, a global payments infrastructure platform, has announced the integration of Passkey, which provides a secure and user-friendly authentication method for fiat currency to cryptocurrency payments. Users of Mercuryo who activate Passkey now have the ability to log in using the company’s biometric solution without having to enter a One-Time Passcode (OTP), which may be sent to them by email or text message.

The encryption technology that Passkey employs is very sturdy, and the company has a demonstrated history of providing users with an exceptional experience. In order to provide a user-friendly method of logging in to an account, Passkey’s biometric authentication provides a fingerprint or face scan as a manner of authentication.

Within Mercuryo’s network of more than 200 partners, which includes the most prominent non-custodial wallets, Passkey will be made available on mobile devices like as iPhones, Android devices, and Windows.

Petr Kozyakov, Co-Founder and CEO at Mercuryo, said:

“We are delighted to have integrated Passkey, a feature that provides an optimal and intuitive log-in process while also greatly enhancing the protection of users’ data. The introduction of Passkey demonstrates our commitment to continuously evolving our service to deliver an exceptional user experience that will help further mainstream adoption of web3 payments.”

Tatiana Kurach, Business Development at Trust Wallet said:

“The addition of Passkey to the Mercuryo platform will further enhance the user experience for those buying and selling digital tokens in Trust Wallet. We are confident that there will be a ready uptake of this biometric security layer among our user base. Passkey provides an optimal and robust means of enabling users to obtain access to their accounts and make transactions.”

In addition to providing security against traditional digital attack vectors, Passkey also offers an extra layer of defense against sophisticated attacks that originate from emerging technologies such as artificial intelligence (AI). Passkey helps to bypass the weaknesses that are inherent in authentication systems that are dependent on email and text messages by providing protection against malware and phishing attempts.

Passkey, which was originally developed by FIDO Alliance , is a credential that is only registered on a user’s personal device a single time. The user’s screen lock is then used by the device to demonstrate that it is in possession of the credential that was registered with the remote server.

It has been difficult to make payments accessible, which has been one of the most significant challenges in the way of widespread adoption of web3. In order to alleviate the most significant problems, Passkey offers a simplified and encrypted method of authenticating a user’s identification, hence removing the need for complicated procedures.