Hollo Friends, You must have also heard the words OTP, in today’s time, many of your tasks are done easily through OTP. But what is OTP, where is it used, where are we going to talk about all these things in this post?
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Go through the complete post to know in details: What is OTP? Where it is used?
What is OTP?
Where does OTP go to a 3 to 6 digit code that is used to authenticate a user to complete a task? The full name of OTP is a one-time password. This code is used only once, you will need a new code to prove your validity every time. OTP stays valid for a certain time only after the validity period is over, you will have to call for a new OTP.
OTP Full form – One Time Password
Where OTP comes in handy?
By the way, OTP is useful in many places, but in everyday life, the places where it will be used the most, we are going to tell you about those things –
Using OTP on online payment
with Debit Card –
As you well know, the most
popular method of cashless payment is through a debit card, you can pay online
or offline with it. To complete any
transaction with a debit card, you have to verify the OTP sent by the bank
without it you will not be able to conduct the transaction.
2 Step Verification using OTP –
If you use the 2 step verification security feature in any of your accounts, then the security of your account increases by leaps and bounds. To open any of your online accounts in 2 step verification, you have to do an OTP verification along with a login password, this OTP arrives at your registered mobile number or email address, which will be able to be verified and signed in to your account. In the double security layer, if your password is known to anyone, then without OTP, they will not be able to access your account. Google, Facebook gives you 2 step verification facility.
Green card of ATM card is used to generate –
Now in the bank ATM card which is given to you, you do not get any separate PIN, so that you can activate your card, now you have to activate your card by generating a green pin with OTP, this gives you a lot of conveniences like if you forget your password Also, you can easily set a new PIN through OTP on the registered mobile number, earlier you had to go to the bank for this.
Use OTP to reset password –
If you have forgotten the password of any of your accounts like Gmail, then you can reset it through OTP as well. After forgetting the password, your identity is verified through OTP, after which you can set a new password.
It is safe to use OTP only if you keep it limited to yourself. This password should not be shared with anyone, if ever there is a need to share it, you must think carefully. You should take special care while making financial transactions.
How safe to use OTP?
It is safe to use OTP only
if you keep it limited to yourself. This
password should not be shared with anyone, if ever there is a need to share it,
you must think carefully. You should
take special care while making financial transactions.
Still, If you have any quarry or doubt regarding this post. Feel freely to ask anything. We are happy to help you.
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