Phone Biometrics Based Secured UPI Payments Proposed By NPCI


Radhika Kajarekar

Radhika Kajarekar

Aug 14, 2024


For billions of Indians, UPI payments are the digital payment method of choice.

According to the National Payments Corporation of India (NPCI), numerous apps in the nation are being used for transactions totaling billions of dollars.

In order to improve security, a significant update to UPI payments is anticipated soon. Let’s find out all the details about this new update!

NPCI To Introduce Biometry in UPI Transactions

The idea of leveraging biometric features, like fingerprint sensors and Face ID on smartphones, to validate UPI payments is something that NPCI is now exploring with businesses.

The present PIN-based method is being exploited by scammers, which is why the change is being examined.

Scammers frequently deceive victims into sending money when they should be receiving it, which results in losses of money.

Biometric verification, such as fingerprint recognition or Face ID, is thought to be a viable way to lessen these types of scams.

It’s unknown which UPI apps will use biometric authentication and when it will be added.

Paytm, Amazon Pay, PhonePe, and Google Pay are a few of the well-known UPI apps in India.

Users Can Select Between Biometric and PIN Authentication

It is hoped that users would be able to select between biometric and PIN authentication, with the possibility of PINs being completely replaced once the technology is proven to be dependable.

A framework for non-OTP payment authentication mechanisms for card transactions was released by the RBI.

Behavioral risk patterns and biometrics are the ideal authentication techniques according to the framework.

The “Framework on Alternative Authentication Mechanisms for Digital Payment Transactions” was published, according to the RBI release, to take advantage of technology developments.

Although UPI isn’t mentioned officially, the regulator and the quasi-regulator NPCI are in charge of regulating and carrying out UPI regulations.

The integration of biometric authentication for payments has been a focus of the NPCI.

In an attempt to enable biometrics, NPCI tried to access Digilocker, but they were unable.

In order to apply biometric authentication, NPCI consequently started looking into joint ventures with entrepreneurs.

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Radhika Kajarekar
Radhika Kajarekar
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