Paytm enables biometric UPI payments and cardless ATM withdrawals amid RBI authentication updates
Paytm (One 97 Communications Limited) has introduced biometric authentication for UPI payments and cardless ATM withdrawals, allowing users to verify transactions using fingerprint or Face ID. The rollout coincides with the implementation of updated two-factor authentication (2FA) requirements by the Reserve Bank of India, which emphasise the use of dynamic and device-bound factors, including biometrics,…
