IDEX Biometrics, Hitachi Payment Services, and Airtel Payments Bank Launch India’s First RuPay Biometric Payment Card at Global Fintech Fest

Core Insights - IDEX Biometrics has launched India's first RuPay biometric payment card in collaboration with Hitachi Payment Services and Airtel Payments Bank, marking a significant advancement in secure digital payments in India [1][4] - The biometric card utilizes IDEX Pay technology for fingerprint authentication, enhancing security for digital transactions following a regulatory update from the Reserve Bank of India (RBI) [2][4] - The card is currently in pilot testing, with partners aiming for a swift market introduction, reflecting a commitment to the RuPay ecosystem and the growing card payments market in India [3][4] Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity, focusing on convenience and security [5] - The company employs patented sensor technologies and collaborates with leading card manufacturers and technology firms to bring biometric solutions to market [5]