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3 July 2026

Visa OTP-less payment method

This development in digital payment technology serves as relevant context for discussions on financial inclusion, cybersecurity, and the evolution of India's digital infrastructure.

1 min read 1 questions 1 prelims

Notes

  • Visa has introduced 'Visa Payment Passkey' (VPP), a new payment authentication method for credit card holders.
  • The system eliminates the requirement for One Time Passwords (OTP) during transaction verification.
  • Authentication is performed using existing device-level security methods, including biometrics (fingerprint, facial recognition) or device credentials (PIN, password, pattern).
  • The process involves a registration phase on merchant applications where biometric data is linked for future transaction authentication.

Questions

  1. Discuss the potential of biometric-based authentication systems in enhancing the security and efficiency of digital payment ecosystems in India. 150 words
    Attempt this — 150 words in 8 min
    0 / 150 words 8:00

Prelims

  1. The 'Visa Payment Passkey' (VPP) technology primarily aims to replace which of the following in the payment authentication process?

Syllabus

Topics

Sources

250words.in · https://250words.in/daily/2026-07-03/visa-otp-less-payment-method