India to Enable Digital Payments via Biometrics
India approved the payment method using fingerprint and facial recognition, effective October 8. The authentication will be complete using biometric data stored under the Government of India’s unique Identification system, Aadhaar, said sources familiar with the matter. The initiative follows recent transaction rules, as NPCI revised its limits guidelines in accordance with the RBI, which…
Vipin
75% Of Users May Quit UPI – Find Out Why You May Too!
A recent survey by LocalCircles reveals that 75% of users are against the new UPI regulations introduced by the National Payments Corporation of India (NPCI). The survey also suggests that many users may stop using UPI if these rules come into effect. In contrast, 22% of users expressed a willingness to comply with the updated…
Himanshu