While making UPI payment, you will no longer need to enter the PIN number. You will also be able to pay with face ID or fingerprint. The National Payment Corporation of India (NPCI) has launched biometric authentication for UPI. It is considered a fast, safe and user-friendly option compared to PIN. The entire process of biometric authentication will be on-device and now it will be able to replace the PIN number. Let us know that UPI was launched in 2016 and since then PIN is being used for payment.
Such users will get easy
The arrival of biometrics for UPI payment will make senior citizens and new customers ease. NPCI said that till now debit card details and Aadhaar OTP verification were required to create UPI PIN. Now after Aadhaar-based face authentication, it will be easy and faster to use it. Also, those people who do not have a debit card. This system will also help in avoiding fraud. Let us know that many scams related to PIN number have been revealed for a long time and RBI has also expressed concern over it.
Fingerprint or faceID will be able to withdraw money from ATM
The user can do the UPI PIN with the help of face ID and fingerprint. Apart from this, biometric authentication can also be used while withdrawing money through UPI from ATM. For this, users have to opt-in. That is, the user will be able to use PIN or face ID etc. on their own free will. Let us know that this feature was working for a long time and NPCI also organized a hackathon in 2021.
UPI has the most digital payment
UPI is the most popular method of digital payment in the country. Of the total online transactions in the country, 85 percent are from UPI alone. This mobile payment platform has more than 20 billion transactions priced on an average of Rs 25 lakh crore every month.
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