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RBI Mandates Two-Factor Authentication For Digital Payments


SUMMARY

RBI has made two-factor authentication (2FA) mandatory for all digital transactions from April 1, 2026

The new framework aims to strengthen digital payment security while enabling smoother and more flexible processes in a rapidly digitising environment

All payment service providers and partners are required to adhere to the new directions for domestic payments

A year after proposing alternate methods of additional factor of authentication (AFA) for digital transactions,…



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