Send OTP – Best Practices For Two-Factor Authentication
In the leading age of digitization, online transactions are turning effective and secure with the trending technologies. OTP is the new functionality of the secured transaction that works on the leading edge of the peer to peer network. Most online transactions require the two-step process to what we call One-Time-Password (OTP) . There are the steps followed by the smooth processing of the secured authentication with the prevention of frauds. Purpose of OTP The purpose of an OTP is to prevent the insecurity by confirming that the person making the transaction and the credit card owner is the same. To do so, a shortcode is seamlessly sent by SMS to the desired mobile number associated with either a software or bank account. Once the OTP SMS is received, the user types it in the transaction interface, and the user can take the purposeful decision of the transaction. Nowadays, services of the online transactions are marked by the effectiveness of the comp