Tag: SMS OTP alternatives India

RBI New Digital Payment Authentication Rules 2026: Moving Beyond SMS OTP, Biometric Verification, Risk-Based Authentication and What Users Must Know

Oct 7, 2025

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by

Himanshu

in Educational News, News

The Reserve Bank of India (RBI) has announced a major revamp in digital payment authentication rules, effective April 1, 2026. This move is aimed at strengthening security in India’s rapidly growing digital payments ecosystem while reducing fraud, phishing, and unauthorized transactions. Currently, most digital transactions — including UPI, debit/credit cards, net banking, wallets, and IMPS…