What’s new in this update

Introduction of PIN:

In the latest version of the Matic Wallet, we have introduced a PIN system for securing all your transactions. You can now create an easy to remember 4-digit pin to safely make transactions on Matic Wallet. The PIN will be used to make any and all transactions on Matic Wallet, such as Sending funds or performing any DApp actions.

PIN plays an important role in encrypting private data (and yes there are other encryption layers involved which we should not reveal ;-)). The PIN is never stored on the mobile device, rather it is only input-driven from you whenever there is a need to sign a transaction or if you want to check your account’s seed-phrase or change the PIN.

The PIN was introduced on Matic Wallet as our initial feedback from many users had suggested that they weren’t able to use the app because their phone did not support Touch or Face ID. So we took a call and decided to implement the PIN functionality. For now, we have removed TouchID/FaceID support, but we will be bringing Touch and Face ID back in future updates.

For folks that are already using the Wallet App with Touch/Face ID configured, after updating to the latest version of the app you will be requested to setup a 4-digit PIN first. Once you setup the PIN, your previous authentication method, whether Touch or Face ID, will be removed and from then on your PIN will be used to authenticate all your transactions.

Also, we have a fresh onboarding screen for you. Earlier you had to swipe or skip through the cards to either create your account or import one. Now you can directly create a New Account or Import one as soon as you install the app.