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BIOMETRIC UPI TRANSACTIONS
Biometric UPI transactions top 600 million in June, says NPCIBiometric UPI transactions surpassed 600 million in June, indicating strong user preference. This secure authentication method reduces reli...- Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to doNRIs managing finances abroad often face OTP issues with their Indian mobile numbers. While banks are increasingly supporting international...
- ICICI Bank enables facial recognition, fingerprint authentication services for UPI transactions up to Rs 5,000: How to activate service on iMobile AppICICI Bank now allows users to authorize UPI payments up to Rs 5,000 using fingerprint or face recognition on its iMobile app. This feature...
- Cred introduces biometric authentication for UPI payments up to Rs 5,000Fintech platform Cred now allows users to authorise UPI payments up to Rs 5,000 with face or fingerprint. This new feature, developed with ...
- Forgot your UPI PIN? BHIM app now lets you pay up to Rs 5,000 using fingerprint or face—here’s howForget your UPI PIN? BHIM app now allows transactions up to Rs 5,000 using fingerprint or facial recognition. This new biometric authentica...
- PhonePe rolls out biometric UPI payments, users can now pay with fingerprint or face IDPhonePe now allows fingerprint and facial recognition for UPI payments. This feature is for transactions up to Rs 5,000, offering a faster ...
- Samsung Wallet to support UPI-linked small transactions by using biometrics on devicesGet ready for a seamless payment experience with Samsung Wallet, as it will soon enable users to complete small UPI transactions effortless...
- Digital payments eye sharper success rates as biometrics, passkeys replace OTPsOne-time passwords (OTPs), the default second factor of authentication, have been prone to delivery issues, often leading to transaction fa...
- Latest UPI rules: Payments via smart glasses, UID-based face authentication, ATM withdrawals using UPI and moreThe Reserve Bank of India and Department of Financial Services launched several digital payment innovations at the Global Fintech Fest 2025...
- NPCI launches slew of UPI-focused productsIt launched an Aadhaar-based Face Authentication in UPI to enable Aadhaar-linked biometric authentication for setting or resetting UPI PIN....
- Money anywhere, anytime with cash on scan: Cash withdrawals with smartphones are about to become easierUPI-based cash withdrawals are poised to expand beyond ATMs, potentially reaching millions of business correspondents across India. NPCI se...
- UPI payment without PIN: Is NPCI considering face recognition and biometrics for authorising transactions?NPCI is reportedly considering enabling UPI payments via face ID or biometrics, potentially eliminating the need for PINs. This move aims t...
- There's nothing called a free UPI ride, banks among other intermediaries bear charges on every such transactionUPI's appeal lies in its free transactions, but banks bear costs. Questions arise on who should pay for UPI services and how charges should...
- Difference between UPI123 and UPI LiteCustomers will be able to utilise their feature phones for almost all transactions using UPI123Pay, with the exception of scan and pay. UPI...
- UPI to get an upgrade this week. Here are some of the new features you can expectThe second version of UPI is likely to include new features like doubling of the transaction limit to Rs 2 lakh and buyer-to-merchant payme...
- NPCI may launch UPI 2.0 this weekMerchants can block amount in customer’s A/c as security without reauthorisation.
- UID debuts on BHIM app, Aadhaar Pay launch soon14 banks have come on board for Aadhaar Pay and the government is in talks with other banks too, Minister for Electronics and IT, Ravi Shan...
- UID debuts on BHIM, Aadhaar Pay to be launched soonBHIM, the common platform for making quick payments using the Unified Payments Interface (UPI), has also been integrated with Aadhaar Enabl...
- Govt to integrate BHIM app with Aadhaar for transactions38 crore people have already linked their bank accounts with Aadhaar and can receive payments directly from the UPI app without having to r...
- Will IndiaStack payment features kill debit cards?According to the government, on December 7, POS transactions rose to 98.1 lakh per day compared to 50.2 lakhs per day as on November 8.
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