New Delhi, 29 Apr, (CXO Media): ICICI Bank has added biometric authentication for select UPI payments on its iMobile banking app. The bank now allows customers to approve UPI transactions of up to Rs 5,000 using fingerprint or facial recognition instead of entering a UPI PIN, according to details shared by the lender.
The feature applies to multiple types of payments, including peer-to-peer transfers, QR code-based merchant payments, and certain online purchases. Transactions above Rs 5,000 will continue to require the standard UPI PIN, keeping existing safeguards in place for higher-value payments. Users also have the option to continue using the PIN method if they prefer not to enable biometric authentication.
The biometric option is available on updated versions of the iMobile application. Android users can authenticate payments using fingerprint recognition, while iOS users can use facial recognition supported by their devices.
Banks have been gradually adding additional authentication layers as digital payments continue to grow in volume across India.
