Archive · 24 Jul 2025
Federal Bank Launches Biometric Authentication for Online Payments
Imagine buying things online.
Instead of typing in codes, Federal Bank now lets you use your fingerprint or face to prove it's really you.
This makes things safer and faster, like magic!
They teamed up with some tech helpers.
The new system replaces those annoying codes with your face or fingerprint.
So, paying is now super quick and easy, taking only a few seconds.
Federal Bank introduced biometric authentication for e-commerce card transactions.
Customers can use fingerprints or Face ID to authenticate online purchases.
The initiative was launched in collaboration with fintech partners M2P and MinkasuPay.
Biometric verification replaces OTPs, enhancing security and speed.
Transaction times are reduced to 3-4 seconds with the new solution.
- Who
- Federal Bank and its customers.
- What
- Federal Bank launched a biometric authentication solution for e-commerce card transactions.
- When
- Announced on July 24.
- Where
- Kochi, Kerala.
- Why
- To enhance security, improve transaction speed, and user experience.
- Bank
- Federal Bank
- Location
- Aluva, Kerala
- Service
- Biometric authentication for e-commerce
- Partners
- M2P and MinkasuPay
- Transaction time
- 3-4 seconds