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Two-Factor Authentication Rule - RBI
April 3 , 2026
14 hrs 0 min
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- RBI made Two-Factor Authentication (2FA) mandatory for all digital payments from 1 April 2026 to improve transaction security.
- Two-Factor Authentication (2FA) means using two different verification methods, such as PIN (Personal Identification Number), OTP, or biometric authentication.
- At least one authentication factor must be dynamic, like OTP, which changes for every transaction and increases security.
- Single-factor authentication methods like only PIN or only OTP will no longer be allowed for any digital transaction.
- The rule is applicable to all digital payment systems, including UPI, debit and credit cards, and mobile wallets.
- The main objective is to reduce the increasing number of digital payment frauds and protect users from cyber threats.
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