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What is SMS-Based One-Time Password (“OTP”)?

April 26, 2017one-time OTP password sms-based

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What is SMS-Based One-Time Password (“OTP”)?

1 Answer

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10 Posted

SMS-Based One-Time Password (“OTP”) is a password sent by the Bank to your registered mobile phone number to strengthen the authentication of your identity. After being generated, each OTP can only be used once and will expire in 100 seconds.