PhonePe Launches Biometric UPI Payments Up To Rs 5,000: No PIN Needed!

• PhonePe introduces biometric authentication for UPI transactions up to Rs. 5,000, eliminating the need for a UPI PIN.
• Users can now approve payments using fingerprint or face recognition, enhancing convenience and speed.
• For transactions exceeding Rs. 5,000, the traditional UPI PIN authentication is still required.
• The feature is currently available for Android users and will soon be rolled out for iOS devices.
• This device-level two-factor authentication simplifies payments while maintaining high security standards.