![]() ![]() As for OTPs, they are generated one time and have a time limit in which they need to be entered which provides a sense of added security and makes it much unlikely for them to be misused. These OTPs are considered to be much safer than the static passwords like the user created passwords as they remain the same across various platforms and can be misused by anyone. ![]() One Time Passwords or OTPs are used across platforms for e-banking and to operate systems with sensitive information as a way of strong authentication of the user. This One Time Password or OTP is basically a string of auto generated numeric characters which is used for user authentication for a single transaction. ![]() If you are someone who often uses the e-banking services which all of us use at a higher rate these days, you must be well familiar with the OTP or One Time Password concept. ![]()
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