🔐 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
🚀 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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PhonePe Unveils next-gen SmartSpeaker with Integrated Card Payments
This Made-in-India device is the first of its kind to integrate "tap-to-pay" card functionality directly into the SmartSpeaker. It seamlessly combines a POS device with the convenience of QR code payments, offering unparalleled value.
Key Features:
✅ All-in-one: Accepts all major credit/debit cards and QR payments.
✅ Enhanced Experience: Dual display for transaction transparency.
✅ Reliability: 4G connectivity and long battery life.
This Made-in-India device is the first of its kind to integrate "tap-to-pay" card functionality directly into the SmartSpeaker. It seamlessly combines a POS device with the convenience of QR code payments, offering unparalleled value.
Key Features:
✅ All-in-one: Accepts all major credit/debit cards and QR payments.
✅ Enhanced Experience: Dual display for transaction transparency.
✅ Reliability: 4G connectivity and long battery life.
🚀 IoT for UPI
At the Global Fintech Festival 2025, RBI launched IoT-enabled UPI payments, letting connected devices act as payment agents.
Cars, wearables, TVs, and smart appliances can now trigger contextual, automated transactions—like an EV paying for charging, a car clearing tolls, or a fridge reordering groceries—while still requiring user authorization.
🔐 Security
- Biometric UPI: Fingerprint/face ID for approvals
- No Debit Card Needed: Set UPI PIN without a card
💡 Impact
- Invisible Payments: Seamless, background transactions
- Smart Cities: Boost for EVs, tolls, parking
- Inclusion: Easier onboarding for new users
- Global First: India leads in IoT + real-time payments
📊 Scenarios
| Device | Use Case | Advantage |
|--------|----------|-----------|
| 🚗 Car | Fuel/tolls/EV | Auto-pay |
| 🕶️ Glasses | Transit | Voice/tap |
| 📺 TV | Subnoscriptions | Auto-renew |
| 🏠 Fridge | Groceries | Auto-order |
Also launched: Banking Connect, UPI Reserve Pay, AI-based UPI Help.
At the Global Fintech Festival 2025, RBI launched IoT-enabled UPI payments, letting connected devices act as payment agents.
Cars, wearables, TVs, and smart appliances can now trigger contextual, automated transactions—like an EV paying for charging, a car clearing tolls, or a fridge reordering groceries—while still requiring user authorization.
🔐 Security
- Biometric UPI: Fingerprint/face ID for approvals
- No Debit Card Needed: Set UPI PIN without a card
💡 Impact
- Invisible Payments: Seamless, background transactions
- Smart Cities: Boost for EVs, tolls, parking
- Inclusion: Easier onboarding for new users
- Global First: India leads in IoT + real-time payments
📊 Scenarios
| Device | Use Case | Advantage |
|--------|----------|-----------|
| 🚗 Car | Fuel/tolls/EV | Auto-pay |
| 🕶️ Glasses | Transit | Voice/tap |
| 📺 TV | Subnoscriptions | Auto-renew |
| 🏠 Fridge | Groceries | Auto-order |
Also launched: Banking Connect, UPI Reserve Pay, AI-based UPI Help.
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OPPO Find X9 Series power packed with a massive 7500mAh battery