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Posted On: April 23, 2020
/Categorized In: Biometric Technology / Biometric Trends
/Written By: Starlink
The complete Indian digital wallet has changed with the acceptance of propagation devices. It has been seen that a large volume of the population is now using their mobile phones to make transactions because of their simplicity.
This has further resulted in the growth of India’s digital payment industry. The digital wallet is very helpful and offers several facilities like recharge, bill payments, food, and many other things with ease. You can easily make payments through this and that too just like your home’s comfort.
But now keeping all these things in mind and removing the need for changing passwords or PINs, Biometric Security System has been introduced which ensures that all digital transactions are done in a completely secure manner.
If you are afraid to use digital wallets or think that you will fall into the trap of fraudsters then don’t be worried as now biometric technology is taking steps so that the Indian payment ecosystem can be reinforced completely.
Now fingerprint recognition is turning to be more common, while other biometric technologies such as facial, voice as well as vein pattern recognition are also arriving progressively in the market.
If you want any assistance regarding the biometric system or Time Attendance System then you can simply contact Star Link because here you will find professionals who have great knowledge about this field.
Now in the latest version of Google Pay, the 2.100 version permits the user to secure their online transactions with the help of the facial or finger recognition feature.
For this, you can thank biometric technology. When this feature was not introduced, users used to secure their transactions by entering a pin.
Read more: How Can a Fingerprint-Based Authentication System Ensure a Safe Transaction?
It has been seen that the customers are widely using their smartphones to avail banking as well as shopping services and due to this reason different companies are now switching to biometric technology to promote secure money & payment transfer approvals.
Almost 35% of the consumers are using fingerprint recognition regularly while the other remaining population has already used it once or twice and if they have not used it, then also they are aware of the amazing technology.
If you are an owner of an organization and have a large number of employees then it is always better to install Biometric Attendance Machine because this will help you check the exact clock-in and clock-out time of every employee.
The biometric technology has also helped in providing an enhanced experience to the customers, while it is also considered an outstanding anti-fraud tool.
If you are a company owner then you should include biometric technology in your company because this will help you to attain a new & modern level of innovation that promotes enhanced security.
Therefore, biometric technology with the Indian digital wallet is considered the best way to keep fraudsters away and avert all online payment dodges.
Also read: Smart Bank Locker Security System Using Biometrics Fingerprints and GSM Technology
Also read: How Fingerprint Login Can Ensure Business Network Security?
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