SMS OTP definition

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SMS OTP means a text message containing a one-time access code, which the User must enter in order to gain access to the applicable Customer application, OneSpan Product, or other relevant application.

SMS OTP means the service by which the Bank sends SMS messages to the mobile telephone number specified by the e-Banking User, providing One Time Passwords (OTPs) for accessing e-Banking Service.

Examples of SMS OTP in a sentence

The Applicant must then re-apply to the Bank for the SMS OTP service.
The Applicant is responsible for safekeeping of the relevant documents, the self-defined username and password, telephone number specified for receiving SMS OTP (including Voice OTP), and other identification tools and other login methods agreed upon with or provided by the Bank.
Furthermore, SMS OTP, verification through the Bank's bank card and card reader or other verification method agreed with the Bank is also required to process the transfer.
Normally that means a fall back to Root of Trust (ROT) authentication (e.g. SMS OTP).
The Undersigned shall bear the custodial responsibility for the Internet Banking/Mobile Banking user account password, SMS OTP, certificates or other tools sufficientto verify its identity provided by the Bank.

More Definitions of SMS OTP

SMS OTP. When the Applicant makes a specific transaction or applies for settings, the Bank's system will automatically send a One Time Password (OTP) via SMS (text message) (hereinafter, “SMS OTP”) to the Applicant’s mobile phone number, ensuring the safety of online transactions (the transaction authentication code is randomly generated every time and only effective for one time). The SMS OTP transaction mechanism shall be based on the regulations on the Bank’s website. 八、「語音 OTP」：指當立約人進行特定交易或申請設定時，貴行系統將自動撥打電話或其他方式以語音提供「一次性密碼」至立約人所設定的手機門號，確保網路交易之安全性(每次傳送之交易驗證碼皆為亂數產生，且僅當次有效)。

SMS OTP means a password issued by the Bank through short message service that is only valid for one session or transaction on a Computer System, mobile device or any other digital device, for the purpose of authentication.

SMS OTP means the One Time Password sent to your mobile phone via SMS for the purpose of your access to CIMB Clicks and use of the Banking Services.

SMS OTP means customer will receive a set of verification code through SMS from the registered mobile phone which is applied by customer in writing with the Bank. Customer is required to enter the verification code to authenticate the online trading or service in order to ensure the security of internet banking transaction.

SMS OTP means a password that is valid for only one login session or transaction and that is used for what is known as ‘two factor authentication’. The password is sent to the mobile phone associated with your account (or landline where a mobile phone is not held – this is dependent on your telco provider making this service available), and must then be entered as a second form of identification in your Internet Banking or mobile banking device to proceed with a transaction or other process.

SMS OTP one-time password messaged to the customer's registered mobile number when customers login and/or make transactions in Easy Internet Banking/Easy OceanBank Mobile. The password is valid within a certain time (normally 02 minutes).

SMS OTP means the short messaging system one-time password that will be sent to your mobile phone number registered with the Bank to verify user’s identity when using UOB Phone Banking Services.