Biometric card authentication is here, thanks to Razorpay and YES BANK
Razorpay and YES BANK just launched India's first biometric card authentication system, introducing quick face or fingerprint scans as a new authentication option, reducing reliance on OTPs and PINs.
This move follows the RBI's September 2025 push for stronger two-factor security, aiming to make online payments both safer and easier.
The tech can handle over 10,000 transactions every 2nd
This new tech can handle over 10,000 transactions every second, with 99.99% uptime attributed to the broader Razorpay stack—so no more waiting around.
It uses device tokenization, AI risk checks, and real-time fraud monitoring to keep things smooth.
With a 95% success rate and 35% fewer OTP errors, it helps cut down on payment fails and fraud (which costs India ₹520 crore a year), while making checkout way less of a hassle.
One-tap biometric approval reduces customer drop-offs by 75%
Less juggling of OTPs or CVVs—one-tap biometric approval reduces customer drop-offs by 75%.
Plus, this system meets RBI's "something you are" rule for extra security.
For users and merchants alike, it means higher approval rates and less stress at checkout—setting a new bar for digital payments in India.