One Time Password (OTP) |
Starting from Feb 1, 2011 all mChek transactions made via Master/Visa credit cards will require an additional One Time Password (OTP). This requirement has been made mandatory by the Reserve Bank of India (RBI). Introduction of OTP is intended to reduce the possibility of fraudulent transactions and would safeguard you, the customer. This is applicable for mChek transactions on all channels - IVR, or WAP site, or mChek on your SIM card, or mChek Java application. You will receive OTP via sms from your bank during your mChek transaction. You may also obtain OTP by either calling your bank or sending a SMS to your bank. Please enter the OTP when requested during the IVR transaction. The OTP is valid for only one transaction, and it expires within 2 to 12 hours of issuance (validity duration depends on the bank). The process to obtain OTP for leading banks is described below. How to get One Time Password?
How to get One Time Password?
How to get One Time Password?
How to get One Time Password?
How to setup IVR transaction password?
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