National Payments Corporation of India is planning to roll out an iris-based authentication system that will enable customers to authenticate purchases without a pin or password, according to a report by The Economic Times. The biometric authentication technology, which would be the first application of its kind in the country, will also lower the chances of password-related frauds. NCPI is expected to launch the pilot project between March and May 2016, according to individuals familiar with the matter. The national
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