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RBI mandates stronger 2-factor authentication in new guidelines
Business Standard
|September 26, 2025
The Reserve Bank of India (RBI) has mandated two-factor authentication for all types of digital payments in the country starting from April 1, 2026, with a view of strengthening the security of transactions.
According to RBI, at least one form of authentication for a transaction is required to be dynamically created or proven. This implies that the proof of possession of this authentication should be unique to that transaction.
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