One Time Password definition

One Time Password means a temporary password issued by the Bank to the Customer as an additional Security Feature to enable a single Card Transaction where additional security is required.
One Time Password. (OTP) means any password(s) or other means of authentication as we may specify from time to time, which will facilitate the Cardholder in making Debit Card payments through the internet in a secured manner.
One Time Password means a four-digit PIN sent to the Customer’s phone for SIM not present transactions which is used as second level authentication

Examples of One Time Password in a sentence

  • The Accountholder/Cardholder shall be required to encode on the Facility a One-Time Password sent to the Accountholder/ Cardholder’s registered Philippine mobile or roaming number with SBA, for each fund transfer to a Third Party Sterling Bank Account/Card (except when the Third Party Sterling Bank Account/Card is designated by the Accountholder/Cardholder as a “Favorite”), or to other banks or non-banking institutions through InstaPay (including QR Pay) or PESONet.

  • The Accountholder/Cardholder shall be required to encode on the Facility a One-Time Password sent to the Accountholder/Cardholder’s registered Philippine mobile or roaming number, for each Bills Payment transaction, except when the xxxxxx is designated by the Accountholder/Cardholder as a “Favorite”.


More Definitions of One Time Password

One Time Password means a unique 6 digit pin generated by KeyCode.
One Time Password means the one time password that is randomly generated and sent to the mobile number or email address you provided when you applied for the Card.
One Time Password or “OTP” shall mean a six (6) digit password that is needed to login to OCBC Online Banking and to perform online transactions at 3D Secure merchants.
One Time Password atau OTP bermaksud satu PIN enam (6) angka yang diperlukan untuk log masuk ke Perbankan Atas Talian OCBC xxx untuk melakukan transaksi atas talian di pedagang 3D Secure.
One Time Password and “OTP” shall mean a unique 6-digit security code generated every 30 seconds through VIP Access App or hardware token meant to type in Online Banking to authenticate identity.
One Time Password or “OTP” refers to a unique code sent directly to the Accountholder/Cardholder’s registered Philippine mobile or roaming number, to process his/her transaction/s on the Facility.
One Time Password means a temporary password issued by the Bank to the Customer as an additional Security Feature to enable a single transaction, including a Card Transaction or an online transaction, where additional security is required.