SMS One Time Password definition

SMS One Time Password or “SMS OTP” means a password issued by the Bank through short message service that is only valid for one session or transaction, for the purpose of authentication.
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SMS One Time Password means a one-time password that is sent to your pre- registered mobile phone
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Examples of SMS One Time Password in a sentence

  • If user password+ SMS One Time Password or the Security Device PIN is also incorrect, to ensure the security of your account, HSBC will automatically stop your use of the Service.

  • When using HSBC Taiwan mobile banking service, if you input the HSBC Taiwan mobile banking PIN or biometric credential incorrectly for five times in a row, you have to input user password+ SMS One Time Password or Security Device PIN to authenticate your identity and re-set mobile banking PIN.

  • At the first time when you log on to HSBC Taiwan app, if you choose to use Biometric Authentication, you must register biometric credential (face recognition or fingerprint recognition) by using security code (generated from user password+ SMS One Time Password /Security Device).

  • You must download the HSBC Taiwan app to your portable devices to use Mobile Banking via a portable device (smart phone or tablet), and register biometric credential and HSBC Taiwan mobile banking PIN by using security code (generated from user password+ SMS One Time Password or Security Device) to activate your online banking authentication service .

  • The Subscriber has activation data which allows to use the private key that belongs to the same subscriber by using an authentication method associated with the subscriber identity (SMS One Time Password).

  • You must download the HSBC Taiwan app to your portable devices to use Mobile Banking via a portable device (smart phone or tablet), and register biometric credential and HSBC Taiwan mobile banking PIN by using security code (generated from user password+ SMS One Time Password or Security Device).

  • The Client agrees to provide their mobile phone number to and apply for SMS One Time Password (SMS OTP) service for transaction or service application verification.