RBI’s new authentication rules take effect today: Razorpay launches biometric passkey to replace OTPs
As tighter digital payment authentication norms come into force from April 1, Razorpay, an omnichannel payments platform for businesses, has introduced a biometric ‘Passkey’ solution for card transactions, in partnership with Mastercard and with integration from Visa expected soon. The rollout coincides with the implementation of updated two-factor authentication (2FA) requirements by the Reserve Bank of…
