The National Payments Corporation of India introduced biometric authentication for transactions on Unified Payments Interface ( UPI ) at the Global Fintech Fest on Tuesday.
“With Aadhaar-based Face Authentication for UPI PIN, onboarding becomes faster, simpler, and more inclusive, especially for first-time users, senior citizens, and those without easy access to cards,” said NPCI.
UIDAI’s FaceRD App eliminates managing multiple OTPs
The solution leverages UIDAI ’s FaceRD App for Aadhaar-based facial verification, eliminating the need to manage multiple OTPs or card details, enhancing both convenience and security. The same shall be extended later for transactions with additional authentication.
On-device biometric authentication shall be introduced as an additional option for UPI