KYC has a long standing tie-up with mastercard.I find this...

KYC has a long standing tie-up with mastercard.
I find this interesting in the sense it is MULTIAPPLICATION smartcard apparently only recently developed The intention is to leverage off transit into other areas of the economy like parking, convenience stores, identity verification and authentication. It raises the whole big issue of Card debit/credit payments and economies of scale.
I was wondering if this a threat to BQT. My understanding of BQT is that it is the BIOMETRICS area. I could very well be wrong. But it is interesting to see the strides that KYC are making