RESERVE BANK OF INDIA (AUTHENTICATION MECHANISMS FOR DIGITAL PAYMENT TRANSACTIONS) DIRECTIONS, 2025INDEXS. NO.USE CASEEXISTING DIRECTIONS1.2.3.4.5.6.NOCIRCULAR NO.DATESUBJECT1.FEBRUARY 18, 20092.APRIL 23, 20103.OCTOBER 25, 20104.DECEMBER 31, 20105.MARCH 29, 20116.AUGUST 04, 20117.AUGUST 22, 20148.DECEMBER 06, 2016

MUMBAI, India, Sept. 25 -- Reserve Bank of India issued the following notification:

RBI/2025-26/79

CO.DPSS.POLC.No. S 668/02-14-015/2025-2026

September 25, 2025

Reserve Bank of India (Authentication mechanisms for digital payment transactions) Directions, 2025

Index 1. Introduction 2. Short title 3. Effective Date 4. Applicability 5. Definitions 6. Principles for authentication of digital payment transactions 7. Interoperability / Open Access 8. Risk based approach 9. Responsibility of the issuer 10. Cross-border transactions 11. Repeal Annexure-1 Annexure-2 1. Introduction

All digital payment transactions in India are required to meet the norm of two factors of authentication. While no specific factor was mandated for authentication,...