Federal Financial institution launches biometric authentication for Ecom card transaction

The answer replaces cumbersome OTPs with biometric verification

Federal Financial institution in collaboration with fintech companions M2P and MinkasuPay has launched the first-ever biometric authentication answer for e-commerce card transactions.

Clients can now authenticate on-line purchases utilizing only a contact or a glance—their fingerprint or face ID. This answer not solely enhances safety but in addition considerably improves transaction pace and person expertise.

The answer replaces cumbersome OTPs with biometric verification, decreasing transaction occasions to only 3–4 seconds, whereas enhancing the safety. The answer is designed to mix simplicity with safety providing customers a seamless expertise, a press word issued right here stated.

Virat Sunil Diwanji, Nationwide Head – Shopper Banking, Federal Financial institution stated this launch is greater than a tech improve. It’s a transformation in how prospects expertise banking. Biometric authentication makes safe funds really feel pure and seamless.

The biometric answer is absolutely compliant with RBI’s Two-Issue Authentication pointers, and ensures fallback to OTP in case biometrics will not be captured. Clients can enrol with a one-time consent throughout checkout, and use the characteristic seamlessly on supported service provider apps. It really works throughout appropriate Android and iOS smartphones, and could be built-in by retailers by way of a light-weight SDK.

The innovation is now stay for Federal Financial institution debit and credit score cardholders throughout choose accomplice retailers and might be expanded in a phased method.

Revealed on July 24, 2025