{"id":4628,"date":"2025-10-30T06:35:29","date_gmt":"2025-10-30T06:35:29","guid":{"rendered":"https:\/\/razorpay.com\/newsroom\/?p=4628"},"modified":"2025-10-30T06:35:29","modified_gmt":"2025-10-30T06:35:29","slug":"a-new-era-in-payment-security-razorpay-unveils-indias-first-rbi-compliant-biometric-authentication-in-partnership-with-yes-bank","status":"publish","type":"post","link":"https:\/\/razorpay.com\/newsroom\/a-new-era-in-payment-security-razorpay-unveils-indias-first-rbi-compliant-biometric-authentication-in-partnership-with-yes-bank\/","title":{"rendered":"A New Era in Payment Security: Razorpay Unveils India\u2019s First RBI-Compliant Biometric Authentication, in Partnership with YES BANK"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Razorpay ACS approves payments instantly with biometrics, eliminating OTP delays and delivering a smooth, 1-click experience<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensures RBI compliance, 35% reduction in OTP authentication errors, and frictionless checkout control\u00a0<\/span><\/li>\n<\/ul>\n<p><b>INDIA, Bengaluru \u2013 6 October 2025:<\/b> <a href=\"https:\/\/razorpay.com\/\"><b>Razorpay<\/b><\/a><span style=\"font-weight: 400;\">, India\u2019s Leading Full-Stack Payments and Banking Platform for Businesses, today announced the launch of <\/span><a href=\"https:\/\/www.linkedin.com\/posts\/razorpay_razorpay-biometricauthentication-razorpayacs-activity-7380829288780034048-dO2r\/?utm_medium=ios_app&amp;rcm=ACoAAAeCkEwBJ8e92cwKTpxHyMJPsiOxdTstQCo&amp;utm_source=social_share_send&amp;utm_campaign=whatsapp\" target=\"_blank\" rel=\"noopener\"><b>India\u2019s First Biometric Card Authentication, Access Control Server (ACS)<\/b><\/a><b>, in partnership with YES BANK. <\/b><span style=\"font-weight: 400;\">Traditionally, payment authentication till now was limited to a two-factor authentication &#8211; a combination of PIN and SMS OTP. But for the <\/span><b>first time ever in India,<\/b> <b>as per the RBI&#8217;s latest guidelines, online card payments can now be authenticated using Face ID.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">ACS is the technology behind online card authentication, which is built for scale &#8211; powers 10,000 transactions per second with the highest success rate, powered by AI and now, biometrics.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">With <\/span><b>AI-powered risk checks<\/b><span style=\"font-weight: 400;\">, ACS keeps payments secure in real time while ensuring smooth checkouts for users, <\/span><b>reducing failures for banks<\/b><span style=\"font-weight: 400;\">, and <\/span><b>higher conversions for businesses<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">And, <\/span><b>Biometric authentication <\/b><span style=\"font-weight: 400;\">offers a higher level of security by design, as unique identifiers like facial recognition <\/span><b>cannot be easily copied or stolen like an OTP.<\/b><\/li>\n<\/ul>\n<p><b>Authentication is the foundation of trust in digital payments &#8211; but traditional methods like OTPs have struggled to keep up. <\/b><span style=\"font-weight: 400;\">In India, 35% of payment failures stem from issues like delayed or incorrect OTPs. At the same time, digital payment fraud is rising sharply, with<\/span><b> losses exceeding \u20b9520 crore in FY25, <\/b><span style=\"font-weight: 400;\">according to RBI data. OTP-only flows are increasingly fragile against today\u2019s scale and threats, and the lack of support for newer methods like biometrics or device-based verification continues to cause failed transactions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the <\/span><b>RBI\u2019s latest guidelines announced in September 2025<\/b><span style=\"font-weight: 400;\">, mandating stronger and smarter authentication, the <\/span><b>industry needs a solution that balances robust security with seamless customer experience<\/b><span style=\"font-weight: 400;\">, one that keeps fraud at bay without slowing payments down.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Razorpay ACS addresses these challenges and aims to make digital payments:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Secure &amp; seamless for customers:<\/b><span style=\"font-weight: 400;\"> Approve transactions instantly with biometrics, no more entering CVV or waiting for OTPs. Unique digital biometrics add an extra layer of security while ensuring a smooth, 1-click experience<\/span> <span style=\"font-weight: 400;\">across devices.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Reliable &amp; Compliant for banks:<\/b><span style=\"font-weight: 400;\"> With the highest success rates, Razorpay ACS reduces drop-offs, lowers operational costs by 10%, and ensures full compliance under RBI\u2019s new rules. Banks also benefit from faster integrations and more efficient operations.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Growth-focused &amp; Trusted for merchants:<\/b><span style=\"font-weight: 400;\"> Increased revenues, larger ticket sizes, and repeat purchases, with trust and security built into every checkout. <\/span><b>Razorpay ACS reduces OTP errors by 35% reduction <\/b><span style=\"font-weight: 400;\">and offers instant card controls, affordability options, and rewards directly &#8211; all seen on the authentication screen.\u00a0<\/span><\/li>\n<\/ol>\n<p><b>Khilan Haria, CPO, Razorpay<\/b><span style=\"font-weight: 400;\">, said, <\/span><i><span style=\"font-weight: 400;\">\u201cFollowing the RBI\u2019s final guidelines, we are proud to pioneer and co-create the future of card authentication in India. With Razorpay ACS, we\u2019re not just bringing biometric authentication to every card issuer and merchant &#8211; we\u2019re creating a safer experience for users, unlocking new growth opportunities for businesses, and helping banks meet today\u2019s toughest compliance standards with confidence. <\/span><\/i><b><i>This is why today means so much to us.<\/i><\/b><i><span style=\"font-weight: 400;\"> It is not just about solving today\u2019s OTP delays or fraud risks, it\u2019s about <\/span><\/i><b><i>building the next decade of digital trust, where authentication becomes invisible, intuitive, and growth-focused for businesses<\/i><\/b><i><span style=\"font-weight: 400;\">, while being effortless and secure for customers.\u201d<\/span><\/i><\/p>\n<p><b><i>Anil Singh, Country Head, Credit Cards &amp; Merchant Acquiring, YES BANK, <\/i><\/b><i><span style=\"font-weight: 400;\">said, <\/span><\/i><i><span style=\"font-weight: 400;\">\u201cAt YES BANK, we are delighted with the performance of Razorpay ACS, which we have co-created in partnership with Razorpay. We remain committed to delivering secure, seamless, and future-ready payment experiences to our customers. The high authentication success rates and real-time fraud prevention delivered by Razorpay ACS are being widely acknowledged by our customers, further strengthening their trust and reinforcing our vision of enabling safer, smarter, and more intuitive digital payments at scale.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">With Razorpay ACS, the company continues to strengthen India\u2019s digital payments ecosystem by delivering industry-first solutions that combine <\/span><b>cutting-edge technology, regulatory compliance, and customer-centric design<\/b><span style=\"font-weight: 400;\">. By integrating biometric authentication and AI-driven fraud detection, Razorpay is helping businesses and consumers transact with confidence, while supporting the growth of a safer, more reliable Digital India.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">***<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Razorpay ACS approves payments instantly with biometrics, eliminating OTP delays and delivering a smooth, 1-click experience Ensures RBI compliance, 35% reduction in OTP authentication errors, and frictionless checkout control\u00a0 INDIA, Bengaluru \u2013 6 October 2025: Razorpay, India\u2019s Leading Full-Stack Payments and Banking Platform for Businesses, today announced the launch of India\u2019s First Biometric Card Authentication,<\/p>\n","protected":false},"author":14,"featured_media":4629,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[28],"tags":[33,201,205,206],"class_list":{"0":"post-4628","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology","8":"tag-razorpay","9":"tag-razorpay-innovation","10":"tag-razorpay-rbi","11":"tag-razorpay-yes-bank"},"modified_by":"Anu Saraswat","_links":{"self":[{"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/posts\/4628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/comments?post=4628"}],"version-history":[{"count":1,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/posts\/4628\/revisions"}],"predecessor-version":[{"id":4630,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/posts\/4628\/revisions\/4630"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/media\/4629"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/media?parent=4628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/categories?post=4628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/tags?post=4628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}