In a major leap for India’s digital payments ecosystem, the National Payments Corporation of India (NPCI) and the Reserve Bank of India on Tuesday launched a series of initiatives including biometric and wearable glass recognition-based authentication for UPI transactions at the Global Fintech Fest 2025 in Mumbai.
This marking a significant step toward making digital transactions more secure, seamless and inclusive. The new feature allows users to authenticate UPI payments using their face or biometrics, stored in Aadhar, a move that could eventually replace the traditional four- or six-digit UPI PIN. The authentication will be performed on the user’s device, ensuring that sensitive data never leaves the phone, thereby enhancing both privacy and security.
Another innovation unveiled at t