Understanding One-Time Passwords (OTPs) for Secure Transactions
Learn about OTPs, their purpose in secure transactions, and how to use them effectively.
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An OTP (One-Time Password) message is a security feature used to verify your identity during sensitive transactions. When prompted, enter the OTP received via SMS or email to confirm your action, ensuring a secure transaction.
FAQs & Answers
- What is the purpose of an OTP? An OTP is used to verify your identity and ensure secure transactions during sensitive activities.
- How do I receive an OTP? You typically receive an OTP via SMS or email when prompted during a transaction.
- Is an OTP secure? Yes, an OTP adds an extra layer of security as it is valid for a single transaction and time-sensitive.
- Can someone intercept my OTP? While it's possible for attackers to intercept OTPs, using secure communication channels and practicing vigilance can mitigate risks.