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IDEX Biometrics Launches India’s First RuPay Biometric Payment Card

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IDEX Biometrics Launches India’s First RuPay Biometric Payment Card

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IDEX Biometrics ( (IDXAF) ) has issued an update.

IDEX Biometrics has launched India’s first RuPay biometric payment card in collaboration with Hitachi Payment Services and Airtel Payments Bank, unveiled at the Global Fintech Fest in Mumbai. This launch follows the Reserve Bank of India’s regulatory update allowing biometric authentication for digital payments, positioning IDEX Biometrics to lead the adoption of biometric payment cards across major networks, reflecting a commitment to advancing India’s card payments market.

More about IDEX Biometrics

IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity. The company focuses on delivering convenience, security, and seamless user experiences through its patented sensor technologies and software, targeting card-based applications for payments and digital authentication.

YTD Price Performance: -55.85%

Average Trading Volume: 194,492

Current Market Cap: NOK171.2M

For detailed information about IDXAF stock, go to TipRanks’ Stock Analysis page.

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