Razorpay & Yes Bank Introduce Biometric Payments: Pay Instantly With Face Or Fingerprint
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YouTubeBusiness Today
Razorpay & Yes Bank Introduce Biometric Payments: Pay Instantly With Face Or Fingerprint
A new biometric authentication system for card payments has been launched with Yes Bank as the first partner, aiming to replace OTP and PIN verifications. This system addresses challenges with OTPs, where network issues and delays contribute to a 5-10% transaction failure rate. The technology allows users to authorize payments using their phone ...
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