Categories: विज्ञान

India to roll out biometric authentication for instant digital payments from Wednesday, sources say

By Jaspreet Kalra and Ashwin Manikandan MUMBAI (Reuters) -India will allow users to approve payments made through popular domestic payments network, the Unified Payments Interface, using facial recognition and fingerprints starting October 8, three sources directly familiar with the matter said on Tuesday. Authentications will be done using biometric data stored under the Government of India's unique identification system – Aadhar, one of the sources said. The move follows recent guidelines from the Reserve Bank of India permitting alternative methods of authentication and will mark a departure from the current system, which requires a numeric PIN for payment authentication. The National Payments Corporation of India, which operates UPI, plans to showcase this new biometric feature at the ongoing Global Fintech Festival in Mumbai, the sources said on condition of anonymity as they are not authorised to speak to the media. NPCI did not immediately respond to a Reuters' request for comment. (Reporting by Jaspreet Kalra and Ashwin Manikandan; Editing by Sumana Nandy)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Inkhabar webdesk

Share
Published by Inkhabar webdesk

Recent Posts

A trip to the Sunshine Coast reveals why we're mad for macadamia nuts

Yandina, Australia (dpa) – The last macadamia nuts of the season lie on the ground.…

2 days ago

People living in Europe's cities are struggling with climate change

Barcelona (dpa) – Climate change is hitting the cities of Europe hard and fast, with…

3 days ago

Try this fiery manderin ginger shot to boost your immune system

Berlin (dpa) – Ginger shots have been all the rage for years, whether for people…

3 days ago

Make tasty Bang Bang Chicken with a cool cucumber salad fusion twist

Berlin (dpa) – Fans of cooking videos may have heard that special crunch when someone…

3 days ago