Indian IoT startup Proxgy has announced the launch of ThumbPay, a breakthrough biometric payment device that allows users to make secure digital transactions simply by placing their thumb on the device. Priced under ₹2,000, this new innovation connects Aadhaar authentication with UPI, eliminating the need for smartphones, cards, or cash.
The launch of ThumbPay marks a major step in India’s journey toward inclusive digital payments, especially empowering the elderly, daily wage workers, and those who don’t use smartphones.
How ThumbPay Works
To make a payment, a user simply places their thumb on the device’s biometric scanner. The Aadhaar Enabled Payment System (AEPS) verifies the user’s identity in real time, and the transaction is completed instantly through UPI, enabling a direct bank-to-bank transfer without requiring QR codes or mobile devices.
Pulkit Ahuja, Founder and CEO of Proxgy, explained, “India spent years building Aadhaar and UPI as foundational digital layers. ThumbPay brings them together beautifully, allowing every Indian to pay with just their fingerprint.”
The device is equipped with a certified fingerprint sensor, fraud detection technology, a mini camera for verification, and even UV sterilization for hygiene. Additionally, ThumbPay functions as a UPI soundbox and supports QR and NFC payments. Its connectivity options include 4G, Wi-Fi, and LoRaWAN, ensuring it works seamlessly even in rural areas with low network coverage.
Cost, Reach, and Rollout
Priced under ₹2,000, ThumbPay runs on battery power, making it ideal for small businesses, local vendors, and remote markets. Since it connects directly to Aadhaar-linked bank accounts, users can start using the device without any new registration process.
The company has already completed successful pilot trials, and regulatory compliance with UIDAI and NPCI is currently underway. Once approved, Proxgy plans a phased rollout in partnership with banks and fintech companies to make ThumbPay widely available across India.
Ahuja added, “We’re putting the power of UPI into every individual’s fingertip — quite literally. ThumbPay will redefine accessibility by making digital payments possible for millions who don’t rely on smartphones.”
A New Era of Financial Inclusion
With ThumbPay, Proxgy aims to bring India’s unbanked and digitally underserved communities into the formal financial ecosystem. By merging Aadhaar’s reach with UPI’s efficiency, the company envisions a future where every individual — regardless of tech access — can make secure digital payments effortlessly.
As India’s digital infrastructure continues to evolve, innovations like ThumbPay underscore the country’s growing dominance in global fintech innovation.
Follow Tech Moves on Instagram and Facebook for the latest stories, innovations, and updates from the world of Indian startups and technology.
