Technology is developing very rapidly in the area and cyber crime is also spreading its legs with the same speed. The most impact of this is on online transactions. Cyber-frauds are becoming challenging for digital payment companies. Due to this, payment companies are updating their applications from time to time in view of security. In this order, the payment company Paytm also took a big step. Paytm is working on a technique that allows users to make money transactions by simply blinking.
To make their platform even more secure, the digital payment company Paytm is preparing to launch the 'Face Login' feature. The company is testing this feature on its Android beta app. The company has given this information on Monday.
One 97 Communications said that with the new feature, users will be able to login only by looking at the phone. The company said in a statement that this paytm is an important security update for users, which has been designed to protect the fishing attack with the extraordinary security layer.
Paytm Start Testing For Face Login Feature:-
According to some reports, Paytm has started testing the Face Recognition feature on its app beta platform. Through this tool, users will be able to unlock the Paytm App in their phone with more security. The company has just tested this tool only to unlock the app. Soon this feature will be rollout for the users in coming phase. the company will also test it from the perspective of the payment. That is, in the coming times, users will be able to make payments by placing a blinker on any merchant outlet.
Online fraud is rapidly spreading in the world it is easy to hack anyone's password for hackers, Any hacker can hack the user's password and mobile pin number easily through phishing attack. In order to avoid all this, Paytm is launching facial accessibility feature in its app.
Senior vice president of Paytm, said in statement that, "Our team is currently working on making our algorithms more comfortable for the users. User can access the Paytm account even easier and faster. Also, the fishing attack will also be protected. Apart from this, it will be useful in giving instant access. The company has done extensive testing on this feature more than 10,000 faces, with result 100 percent accuracy recorded.
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