Do you know what is One Time Password or OTP ? If not, you must read this post.
In today’s time, almost all of us do all our work online from home, like mobile recharge or shopping.
So in this digital world our security is very much maintained so that both our personal data and account are unknown people. Be safe from
When we do online transactions with the help of net banking to recharge mobile or to buy some goods then after filling all the details a code comes in the last which we call OTP.
You must have heard about OTP and used it too, but do you know why it is used? If you do not know, then it does not matter in today’s article What is One Time Password (OTP) , you will know.
What is One Time Password or OTP?
One Time Password (OTP) is a security code which is 6-digits which we use when doing online transactions.
When we buy some goods from an e-commerce website, then we pay it from our ATM card, after filling our banking details while making the payment, finally a security code goes as a sms to the mobile number registered in your bank Is what we call OTP .
There is a code in that sms, after which our payment is successful only after filling it, without this you will not be able to do transactions anywhere online.
Why is OTP used?
OTP is a password that is completely different and safer than the normal password, ie, the password users create when creating their account.
Like when we create our account in any website, we create our username and password, the password we create is very simple such as our name or date of birth or anything else so that we can remember it easily.
But in this we are threatened by hackers because they can easily hack our password and steal our details.
Or it could also be that someone who is of your life identity, if he knows your username and password,
Then he can also use your account to raise the wrong returns, so nowadays all banks, many e-commerce websites And online recharge websites have started using OTP so that their users’ account can be protected.
OTP keeps your account safe and protects your banking and personal details from being stolen.
What benefits do OTP provide?
With OTP all our accounts like Google account, net banking account, bank account etc. are all safe.
The specialty of OTP is that the code generated by it can be used only once and it remains valid only for some time
If we did not use the code within that time, then that code will No use That is, every time we do online transactions, these codes are generated separately so that our account remains completely secure.
Even if the username and password of any of your accounts is known by someone else, they will not be able to use your account because they will need OTP .
Which will only come on your registered mobile number or on your email id without it. He will not be able to take the wrong benefit of your account.
Where is OTP used?
OTP is most commonly used for online transactions in net banking, in addition to this, Google has also started using OTP security to make users’ accounts more secure.
After activating that, no other user can login from his device by entering details of your account because Google will ask for OTP password for verification there, which will only come to you via sms OTP code on your mobile number.
Without this code, that user will not be able to access your account . All e-commerce websites like Amazon, Flipkart, Snapdeal, eBay etc. O
nline private companies that provide digital wallet services like Paytm, Freecharge, mobikwik, oxigen wallet etc. all also use OTP to keep their customers account safe. are doing.
Benefits of OTP – Advantages of OTP?
Let us now know what are the benefits of OTP.
To increase security or security – this is a type of security code. This is because it is a user’s safety net.
At the same time, even with the theft of this password, the user’s account remains safe. Because no other person can access it without entering OTP.
Authentication of the user – Authentication of the real user is done by this.
This is because OTP only goes to the registered mobile number of the user. If the right user is doing any activity through their account.
Such as changing the password, updating the mobile number, etc. For authentication, the system sends OTP to the user according to the method chosen by them. Only after entering it, actions are considered valid.
Prevention from Spamming – When we transact money online, banks send OTP to get permission from the account holder.
So that the identity of the real account holder is proved. With this, we avoid being a victim of fraud. And it is most used in financial transactions.
Can enable Double Security – We can enable OTP Double Security on your account or social media account (Facebook, WhatsApp Twitter Google etc.) via OTP. And this can make them more secure. So that no other user can access it.
Free – It is completely free. For this, the user does not have to pay any additional fee.
Fast – OTP proves the identity of the original user in seconds. The user does not have to be present with the magistrate to carry a document for his identification.
what did you learn today
I hope you find this article my What is One Time Password or OTP? Must have liked It has always been my endeavor to provide complete information about OTP to the readers,
So that they do not have to search in any other sites or internet in the context of that article.
This will also save their time and they will also get all the information in one place.
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