3 ms·
> There is a constant need of OTP for every transaction. That Not necessary - My UK bank (Monzo) allows FASTER payments without a OTP (the UK version of this t
by Closi 4y ago
> There is a constant need of OTP for every transaction. That
Not necessary - My UK bank (Monzo) allows FASTER payments without a OTP (the UK version of this that has been around for about 15 years) via their app.
You just sign into the app, put in the bank account number you are sending it to, sort code and recipients name, it verifies you with Face-ID then sends the cash.
- davchana 4y agoI awas replying in context of Indian people facing a constant stream of fraud, so I mean almost every money transfer transaction needs an OTP, which could be an SMS, or a number from grid on the back of the card, or from bank's own app.