Enhancing Automated Payments: Impact of Iris Technology's in UPI Transactions

In the era of cashless transactions, security has become a significant concern for users. This research explores the various models and technologies employed to enhance authentication and payment security in wallets and UPI payments. Biometric authentication, specifically iris recognition, emerges as a promising solution due to its high reliability and wide-ranging applications. The study investigates the working mechanism of iris recognition, comparing captured images with stored data to verify user identity. It highlights the significance of iris authentication in online transactions, presence verification, and other payment-related areas. This study also analyzes the existing models and identifies the most commonly used iris recognition techniques. By understanding the advancements in biometric authentication, this research aims to contribute to the development of more secure and efficient cashless payment systems.