Launch · Financial Services

Razorpay launches Passkey biometric authentication

By Startup Enthusiast · 31 March 2026

What they do

Razorpay is a payment gateway that processes online transactions for businesses

It launched Passkey, an RBI-compliant biometric authentication solution for card payments, in partnership with Mastercard

Nearly 35% of payment failures in India are due to authentication issues like delayed OTPs

Razorpay launched Passkey, an RBI-compliant biometric authentication solution for online card transactions.
Passkey was launched in partnership with Mastercard; Visa integration is coming soon.
It uses device-bound secure biometrics and payment passkey protocols for authentication via fingerprint or facial recognition.
Passkey eliminates OTP dependence for card authentication.
It keeps card details tokenized and inaccessible to merchants or third parties.
Passkey enables high-value transaction authentication via fingerprint or face scan without redirects.

Nearly 35% of payment failures in India stem from authentication issues like delayed OTPs, incorrect entry, or redirection errors.
Over 13,500 internet fraud cases and losses exceeding Rs 520 crore were reported in FY25 per RBI data.
Razorpay aims to drive large-scale adoption of biometric authentication and payment passkeys in India.

Razorpay is a payment gateway that processes online transactions for businesses.
It offers products like payment processing, payroll, and lending.
The company operates primarily in India.
Passkey is a new biometric authentication product for card payments.

Razorpay aims to drive large-scale adoption of biometric authentication and payment passkeys in India.
Visa integration for Passkey is coming soon.