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Visa and In-Solutions Global (ISG) Launch Visa Payment Passkey to Enable Passwordless, Secure Digital Payments at GFF 2026

Visa and In-Solutions Global (ISG) Launch Visa Payment Passkey to Enable Passwordless, Secure Digital Payments at GFF 2026

Sector: Digital Payments | Region: Global / India

Next-Generation Authentication Live at Jio World Convention Centre

In-Solutions Global (ISG) and Visa recently announced the launch of Visa Payment Passkey at the Global Fintech Fest (GFF) 2026 in Mumbai. Presented live on the ISG stage, this capability enables cardholders to authenticate online and in-app payments using device biometrics or a PIN instead of traditional one-time passwords (OTPs).

Key Highlights of the Announcement:

• Passwordless Experience: Replaces SMS OTPs with FIDO-based, phishing-resistant authentication directly in the checkout flow.
• Reduced Friction: Designed to significantly lower cart abandonment rates while lifting overall transaction success ratios.
• Early Adopter Issuers: Initial participating banks include Union Bank of India, Central Bank of India, Bank of Maharashtra, Indian Overseas Bank, and Indian Bank.

The collaboration combines Visa’s network capabilities with ISG’s payments infrastructure to advance both security and user experience simultaneously.

Strategic Vision & Leadership Perspectives

Leaders from both organizations emphasized how this launch strengthens user trust while setting the groundwork for future payment technologies.

In-Solutions Global (ISG)

“Visa Payment Passkey gives control of the payment back in the cardholder's hands with additional benefits of higher success ratios and stronger security. That's what builds trust and trust is what drives inclusion. It's the first step into agentic AI in payments, enabling a truly seamless digital payments journey.”

— Mrs. Adelia Castelino, Co-Founder & Managing Director, In-Solutions Global (ISG)

Visa

“Visa is proud to partner with ISG to enable Visa Payment Passkey for leading issuers in India, advancing a more secure, seamless and trusted digital payments experience. As commerce evolves, this collaboration reflects our shared commitment to embedding trust at the core of every transaction and helping issuers, merchants and consumers embrace the next generation of digital payments with confidence.”

— Rishi Chhabra, Country Manager, India, Visa

Key Trends & Technological Foundation

• Transition Beyond OTPs: The broader industry is shifting toward passkey standards (FIDO Alliance & W3C WebAuthn) as networks and global regulators demand stronger, more usable authentication.

• Infrastructure Modernization: By embedding passkey directly into payment gateways, switches, and issuing platforms, banks can modernize authentication without having to rebuild legacy infrastructure.

• Foundation for Agentic Payments: Passkey standards establish verifiable authentication frameworks necessary for the next phase of digital commerce, where AI software agents may securely initiate transactions on a user's behalf.

About In-Solutions Global (ISG)

Founded in 2004, In-Solutions Global (ISG) is a global payments technology and infrastructure company providing secure, scalable solutions across the entire payments value chain.