Biometric ID is used in biometric Digital Payments as a method of payment authorisation and verification. Any method of uniquely identifying a person by assessing one or more distinctive biological attributes is referred to as biometric ID. Fingerprints, hand geometry, earlobe geometry, retina and iris patterns, voice waves, DNA, and signatures are examples of distinctive identifiers.Any payment or transaction conducted online is referred to as a digital payment.Digital payments refer to a payment method that sends and receives money using digital channels such the internet, mobile phones, and automated devices.
It is necessary for both the payer and the payee to utilise digital means to transmit and receive money, while in some cases the payee's usage of a digital medium is optional. By using net banking, users can send money to payee accounts without the recipient's needing a net banking account. People have benefited greatly from Digital Payments methods since they are more flexible and secure than any other form of exchange. Customers are not required to always carry cash on them.In this system, neither the payer nor the payee exchanges actual currency; instead, they both send and receive money via electronic means. In some circumstances, the payee's digital participation is not necessary for the transaction to be completed.
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