TECHOFFICEUPDATE Telegram 22591
🔐 Razorpay Biometric Payments

🚀 Launch: Razorpay + YES BANK introduced India’s 1st RBI-compliant biometric authentication for online card transactions.

👆 How: Instead of OTP/PIN, users approve via fingerprint or face scan.

⚙️ Flow:

1️⃣ Start card payment
2️⃣ Prompt for biometric
3️⃣ Verified by Razorpay’s Access Control Server + AI risk checks
4️⃣ Instant approval

📊 Why it matters:

- ~35% failures from OTP delays/errors → solved with instant biometrics
- 🔒 Device-bound, resistant to SIM swap/phishing
- Handles up to 10K txns/sec
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🔐 Razorpay Biometric Payments

🚀 Launch: Razorpay + YES BANK introduced India’s 1st RBI-compliant biometric authentication for online card transactions.

👆 How: Instead of OTP/PIN, users approve via fingerprint or face scan.

⚙️ Flow:

1️⃣ Start card payment
2️⃣ Prompt for biometric
3️⃣ Verified by Razorpay’s Access Control Server + AI risk checks
4️⃣ Instant approval

📊 Why it matters:

- ~35% failures from OTP delays/errors → solved with instant biometrics
- 🔒 Device-bound, resistant to SIM swap/phishing
- Handles up to 10K txns/sec

BY Tech Office : Updates & Tech News ~1


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