How Finahub enables Federal Bank to implement SmilePay ATMs

 

What Is SmilePay ATMs?

SmilePay is a groundbreaking application launched by the Federal Bank that redefines the payment landscape. It enables users to make payments simply by scanning their face, eliminating the need for physical payment instruments like cards or mobile phones. 

This means that all customers irrespective of whether they have debit card or not will be able to withdraw money from an ATM. SmilePay enables Federal Bank to extend ATM facilities to small value accounts such as Jandhan Accounts without having to bear the cost of issuing a Debt\ATM card.

How Finahub made Smilepay possible for Federal Bank?

 

What Is SmilePay?

SmilePay is a groundbreaking application launched by the Federal Bank that redefines the payment landscape. It enables users to make payments simply by scanning their face, eliminating the need for physical payment instruments like cards or mobile phones. Imagine walking up to a counter, smiling, and completing a transaction—no cash, no cards, just your friendly face! 

Securing Digital Identity: UIDAI’s Shift from L0 to L1 Fingerprint Devices

 

                              In the digital age, security is non-negotiable. The Unique Identification Authority of India (UIDAI) recognizes this and is leading the way in enhancing security protocols for Aadhaar-based  authentication transactions. With a steadfast commitment to end to-end encryption and stringent security measures, UIDAI is setting a new benchmark in biometric data protection.