Revolutionizing Payments: IDEX Introduces Biometric Card

Author: Evelyn Baker Updated: 10-10-2025 02:30 AM

Groundbreaking Launch of Biometric Payment Card

IDEX Biometrics is set to transform the payments landscape in India with the introduction of its first RuPay biometric payment card. This innovative collaboration with Hitachi Payment Services and Airtel Payments Bank was showcased at the Global Fintech Fest, highlighting a significant step towards more secure and inclusive digital payments for millions of consumers.

Advanced Features of the Biometric Card

At the heart of this innovative solution is IDEX Pay, which utilizes cutting-edge biometric smart card technology. The card incorporates fingerprint authentication as an additional layer of security for digital transactions, ensuring users enjoy a seamless and secure payment experience. The Reserve Bank of India's recent regulatory endorsement for biometric authentication greatly supports this initiative, allowing it to gain traction in the burgeoning digital payment sector.

Commitment to the RuPay Ecosystem

The biometric RuPay card is currently under pilot testing, with extensive collaboration among all partners to expedite its market introduction. This initiative reflects IDEX Biometrics’ steadfast commitment to enhancing the RuPay ecosystem and advancing India’s card payments market, which is experiencing rapid growth.

Expert Insights on Biometric Payment Adoption

Anders Storbråten, CEO of IDEX Biometrics, expressed his enthusiasm for this milestone, saying, "The recent update from the RBI regarding biometric authentication marks a pivotal moment in the Indian payments landscape. Together with our partners, we are well-equipped to facilitate the widespread adoption of biometric payment cards across various networks, including RuPay, Visa, and Mastercard. Launching the first biometric card at such a notable event underscores our shared achievement."

This partnership illustrates the unified vision shared by IDEX Biometrics, Hitachi Payment Services, and Airtel Payments Bank to provide secure, convenient, and inclusive payment solutions to Indian consumers.

About IDEX Biometrics

IDEX Biometrics ASA (OSE: IDEX) is a front-runner in fingerprint biometrics technology, delivering authentication solutions across payments, access control, and digital identity verification. Their solutions are designed to enhance convenience and security, enriching user experiences worldwide. Leveraging patented sensor technologies and integrated circuit designs, IDEX aims to pioneer card-based applications for both payments and digital authentication.

Contact Information

For more details regarding this exciting development, please connect with Anders Storbråten, CEO and CFO, at +47 416 38 582. For inquiries, email ir@idexbiometrics.com.

Frequently Asked Questions

What is the RuPay biometric payment card?

The RuPay biometric payment card is India's first card that utilizes fingerprint authentication to enhance the security and ease of digital transactions.

Who collaborated on this project?

IDEX Biometrics worked alongside Hitachi Payment Services and Airtel Payments Bank to launch this innovative payment solution.

What technology powers the biometric card?

IDEX Pay technology is utilized, which allows for fingerprint authentication as a second factor of authentication for secure transactions.

When will the biometric card be available for general use?

The biometric RuPay card is undergoing pilot testing, and all partners are focused on its timely market release.

How does this card benefit users?

This card offers a more secure transaction method through biometric authentication, making payments convenient and safe for users.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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