Synopsis: Federal Bank becomes the first in India to introduce biometric authentication for online card payments. Customers can now complete purchases using just their fingerprint or face ID—no OTPs or passwords required.
Federal Bank Introduces OTP-Free Biometric Payments for Faster, Safer Online Shopping
In a groundbreaking move aimed at revolutionizing the way Indians shop online, Federal Bank has launched the country’s first biometric authentication system for e-commerce transactions. The feature allows users to make card payments using their fingerprint or face ID—completely eliminating the need for OTPs or passwords.
The new system is available for Federal Bank debit and credit card holders and is currently operational on select partner merchant apps. With this feature, users can now complete a secure online transaction in as little as three seconds. Each payment is verified directly through the user's device, ensuring maximum safety and convenience.
This system supports India’s mandatory Two-Factor Authentication (2FA) regulation, with biometric recognition serving as the second layer of security. Customers have the flexibility to opt in or out at any time and can continue using traditional authentication methods if preferred.
How to Use Federal Bank's Biometric Payment Feature
- Step 1: At checkout, select your tokenized Federal Bank card.
- Step 2: You’ll be taken to a biometric authentication screen.
- Step 3: Approve using fingerprint, face ID, or a 4-digit Pay PIN.
Make sure the mobile number linked to the merchant app matches the one registered with the bank to enable this feature.
Eligibility & Availability
Currently, this feature is accessible only to Federal Bank debit and credit card users through specific merchant apps. However, the bank has announced that it plans to expand to more platforms in the near future.
For Businesses
Merchants can easily integrate this payment system using toolkits provided by MinkasuPay and M2P, making biometric checkout a reality for their customers.
Federal Bank’s latest innovation is a step forward in making digital payments not only faster but significantly more secure.
Disclaimer: The above information is based on official statements and public reports. Customers are advised to verify with Federal Bank or authorized representatives before enabling or using the biometric payment feature.
