Airtel Payments Bank introduces e-KYC based on face authentication

Airtel Payments Bank has introduced face authentication-based savings bank account opening for customers. The company claims that the feature will ease the process of account opening. The company also claims that it is the first Payments Bank in the country to introduce this facility.

The authentication is processed using a newly developed mobile application by the Unique Identification Authority of India (UIDAI) as a result, the business correspondent will now only need a smartphone to open an account. The bank will make this facility available across all its 500,000 banking points by the end of this year.

Till now, if a customer wished to open an account with Airtel Payments Bank, the Aadhaar-based OTP or fingerprint biometric authentication was carried out.