Digital payments in India are set for another breakthrough with the launch of , a biometric payment device introduced by IoT-based deeptech startup . The device allows users to make transactions using only their thumb, with Aadhaar authentication directly linked to UPI. By eliminating the need for phones, wallets, or cards, ThumbPay aims to make cashless payments more accessible and universal.
How ThumbPay Works
Using the Aadhaar Enabled Payment System (AEPS), the device verifies a user’s identity when they place their thumb on the scanner. Once authenticated, the Unified Payments Interface (UPI) instantly transfers funds from the user’s Aadhaar-linked bank account. This process removes the dependency on smartphones, QR codes, or even cash, offering a fast and secure way to pay.
Pulki