Big update on digital payments: RBI to allow more ways to comply with the two-factor authentication

While SMS OTPs will continue to be a valid option, the new rules encourage the adoption of alternative, more technologically ...
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RBI Issues New Rules on Digital Payments: Options other than OTP will now be available for safe transactions

OTP Not the Only Option for Safer Transactions from April 2026 The Reserve Bank of India (RBI) has announced new guidelines to enhance the security of digital payments in the country. While SMS-based ...
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New rules for authenticating payments beyond SMS OTP to kick-in from April 2026

The Reserve Bank on Thursday announced that new rules on digital payments, which allow for more ways to comply with the Two-Factor Authentication (2FA) beyond the SMS-based one-time password, will ...