Airtel Payments Bank (APB) announced a partnership with the National Payments Corporation of India (NPCI) to implement Face Authentication for AePS (Aadhaar-enabled Payment System) at its 5 lakh banking terminals, on Tuesday.
Airtel Payments Bank is one of the country’s first four banks to offer Face Authentication for AePS.
Customers can use their Aadhaar number or virtual ID to access their Aadhaar-linked bank account by carrying out financial and non-financial activities at any banking point using their Aadhaar number or virtual ID.
Previously, transactions were authenticated by matching the customer’s Aadhaar number with a fingerprint or Iris match in the Unique Identification Authority of India (UIDAI) records.
“The new facility will enable customers to validate the transaction by undertaking face authentication along with the Aadhaar number. The authentication is processed using the Face Authentication RD Application by the UIDAI,” APB said in a statement.
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According to NPCI guidelines, APB will offer the functionality for other bank clients as well as the Bank’s customers at other banking facilities.
Ganesh Ananthanarayanan, COO, Airtel Payments Bank said that face authentication is a crucial addition to the bank’s existing bouquet of secure and simple banking products to drive financial and digital inclusion in the country.
According to Praveena Rai, COO, NPCI, Face authentication will serve as an additional mode for Aadhaar-based verification for AePS transactions, which will enhance the reach of Aadhaar-based transactions across the country.
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