OTP authentication – One time passwords (OTPs) are an authentication technique normally utilised as a feature of two-factor identification (2FA) and multi-factor authentication (MFA) that can help balance these requirements. SMS OTPs are unique passwords that are only valid for a single sign in session for a defined timeframe. We live in a digital world, where online transactions are no longer a trend, rather they have become indispensable. Nowadays, every person in one way or the other is online services for buying different products and services.An OTP (one-time password) is an automatically generated string of numeric or alphanumeric characters. It is used as a mode of authentication to verify the users before a transaction or running a session in an app/ website. The OTP is generated from a 2FA security token and is delivered through an SMS. For safety reasons, the OTP is designed in a way that it would be valid only for a short period of time; after that particular period the users have to obtain a new sms OTP.
There are three ways to send the OTP SMS:
We at Buddy Infotech, provide a dedicated route for a faster way of communication to authenticate the user. Moreover, we also offer guaranteed OTP delivery under 15 seconds where OTP service is related to customer onboarding or financial transactions. We also offer external generation and validation of OTP for banking and finance systems where there is a requirement of generating OTPs outside the banking system for security purposes.One time Password is the best way to get secure from fraudulent activities and scammers. Today, online shopping and transferring the funds online have become the day to day routine. However, when it comes to transactions, then safety and security become a matter of concern, and also, it is the duty of every brand to make sure that their consumers are safe.Partner with us to start SMS OTP services now ….
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