Now Paytm is testing its 'Face Login' feature to secure its platform
Paytm on Monday went on to say that the company is testing a new "Face Login" feature on Android beta app that will help in further securing its platform.
Paytm, which is owned by One97 Communications went on to say that with the new feature, users will be able to log in the app just by looking at the phone.
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, the company said in a statement.
"Our team is currently working on enhancing our proprietary algorithms to make it more intuitive for users. This will make accessing Paytm account even simpler and faster, prevent phishing attacks and offer instant access on the go," said Deepak Abbot, Senior Vice President-Paytm.
The company has tested this feature extensively with over 10,000 distinct faces and witnessed nearly 100 per cent accuracy. To achieve this, the app maps over 200 distinct parameters on the human face for high accuracy.
(With IANS inputs)
