Electronic Payments International on MSN

PhonePe launches biometric authentication for UPI payments

Under current regulatory guidelines, the biometric option applies to UPI transactions up to Rs5,000 ($55).
PhonePe has introduced biometric authentication for UPI payments, allowing users to authorize transactions up to ₹5,000 using fingerprint or facial recognition. This feature enhances security by ...
Overview UPI is transforming how Indians pay bills, shop, and transfer money. It has now simplified income tax compliance as well.The Income Tax Department allo ...
PhonePe has launched fingerprint and facial recognition for UPI payments, enhancing transaction speed for amounts up to Rs ...
PhonePe, a leader in India's digital payments space, significantly increased its merchant transactions by processing over ...
PhonePe introduces biometric authentication for UPI transactions, enabling secure payments with fingerprint or facial ...
However, the good news is that at least the payment process is now a lot easier. You no longer have to rely just on online banking. The Income Tax Department now allows UPI as a payment mode, which ...
Walmart Inc.-owned PhonePe and Alphabet Inc.’s Google Pay saw a marginal decline in their share of total transactions processed through India’s unified payments interface in June as smaller players ...
It also said biometric verification can help reduce risks such as PIN exposure in crowded public spaces. The feature can be ...
PhonePe has received the final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator The development comes over two years after PhonePe received in-principle ...
PhonePes merchant platform has achieved significant scale and engagement, with Daily Active Merchants (DAM) as a percentage of Monthly Active Merchants (MAM) reaching 60.77% as of September 2025, up ...
Transforming Digital Payments in India Digital transactions have become integral to everyday life in India. From grocery shopping to food delivery and online purchases, UPI has taken the lead in ...