Like with iPhones, you may soon be able to unlock Paytm app with your face
Taking its digital payments platform to the next level, One97 Communications Limited, which owns the Paytm brand, is experimenting with facial recognition technology to unlock the payments application. This is expected to enhance the security of accounts, said source in the company privy to this development. To begin with, the Vijay Shekhar Sharma-owned company is testing the face login feature on its Android beta app, the person said. This will be an important security update for Paytm users that is designed to prevent phishing attacks by providing an additional security layer of biometric security, said a security expert. ALSO READ: Paytm's losses rise by almost 80% on the back of massive expansion plans The tool would also remove the complexity of resetting passwords to log in to accounts as there are instances when users accidentally share their account details with others and are mostly not comfortable with resetting their password. Reports have said that th...