Skip to content

To keep going please Log in.

Sign Up Sign In
or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

To keep going please Sign up.

Sign Up Sign In
or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Mercuryo launches encrypted Passkey system for faster Web3 payments

Mercuryo has announced the launch of Passkey, a biometric authentication solution designed to enhance security and simplify fiat-to-crypto transactions, based on information shared with Finbold on June 9. 

The new feature eliminates the need for One Time Passcodes (OTP) by allowing users to log in using facial recognition or fingerprint scans.

Passkey to roll out across Mercuryo’s 200+ partner network

The Passkey feature, compatible with iPhone, Android, and Windows devices, will be deployed across Mercuryo’s network of over 200 partners, including major non-custodial wallets. 

“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,” said Petr Kozyakov, Co-Founder and CEO at Mercuryo. 

Tatiana Kurach, Business Development at Trust Wallet, added:

“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.”

Strengthening security with biometric verification

Passkey enhances user protection by reducing reliance on vulnerable email and SMS-based logins, helping defend against phishing, malware, and AI-driven threats.

Developed by the FIDO Alliance, Passkey creates a one-time credential stored on a user’s device, which is then authenticated to the remote server using the device’s screen lock.

Mercuryo says the feature tackles a major hurdle to Web3 adoption by streamlining identity verification and enabling faster, safer crypto payments.

Featured image via Shutterstock.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users worldwide
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Latest posts

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Trade, Swap & Stake Crypto on Uphold

Buy, sell, and swap crypto. Stake crypto, earn rewards and securely manage 300+ assets—all in one trusted platform. Terms apply. Capital at risk.

Get Started

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.