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.)
Parents can help youngsters regain their motivation by creating successes. Making their progress visible will…
Berlin (dpa) – Bread and baked goods top the list of food items we wind…
Check out these tips to get the best out of your air fryer, from how…
A gene-edited pig kidney kept a man off dialysis for nine months in a world…
Rome (PA Media/dpa) - Cases of diabetes develop earlier and are more severe in women who…
Berlin (dpa) - Municipalities in many places around the globe have at least one dedicated…