Mastercard is debuting a retail payment approach that involves biometric data from a consumer's face and/or hands.

The biometric payment system allows for facial recognition and fingerprint scanning and will help drive retail payments in the metaverse, according to a CNBC report.

The system is live in St Marche grocery stores in Brazil with global rollout planned for later this year.

"All the research that we've done has told us that consumers love biometrics," Ajay Bhalla, Mastercard president of cyber and intelligence, told CNBC. "They want making a payment at a store to be as convenient as opening their phone."

To use the system Mastercard users snap a photo of their face or scan a fingerprint to register via an app. Then the user adds a credit card payment that is linked to the biometric data.

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