PhonePe has launched a new biometric authentication feature for UPI payments. Users can now make payments up to ₹5,000 without entering a UPI PIN using just a fingerprint or face unlock.
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The use of digital payments is rapidly increasing in India. Consequently, UPI payments are being made easier. And now, a major change has been made to make them even easier. Now, there will be no need to repeatedly enter the UPI PIN to make UPI transactions, as PhonePe has launched a new Biometric Authentication feature. With this new feature, users can now make payments directly using their fingerprint or face unlock. PhonePe has introduced this payment feature to make payments faster, easier, and more secure than ever before.
Currently available for UPI transactions up to ₹5,000
Currently, this feature is available for UPI transactions up to ₹5,000. If the transaction is more than this amount, users will need to enter the UPI PIN as before. With the growing adoption of digital payments, this feature is considered crucial as it will speed up the payment process and provide convenience to many users, especially those who find it difficult to enter the PIN repeatedly or who want to make payments quickly. For security purposes, if the transaction is more than ₹5,000, the user will be required to enter a UPI PIN. This ensures the security of the digital payment system.
Benefits of PhonePe’s New Feature
With this PhonePe feature, users can authorize payments using their smartphone’s fingerprint sensor or face recognition. This means they no longer need to type in a four- or six-digit UPI PIN every time. Simply unlock your phone with your fingerprint or face, and the payment will be completed instantly. The company says this feature is designed to provide users with a one-touch payment experience, making transactions faster.
When a user makes a payment with PhonePe, the app connects to the phone’s security system and performs fingerprint or face verification. If the identity is correct, the transaction is completed instantly. According to the company, this will reduce hassles in the payment process.
How secure is the new UPI payment method from a security perspective?
The biometric system is considered highly secure because it uses the user’s unique identity. Furthermore, biometric data is stored directly in the phone’s secure hardware and is not shared with any third party. Therefore, this system is considered more secure than a standard PIN. According to reports, this feature is currently being rolled out to Android smartphone users. It may also be available to iPhone users in the future.
