The purchasing process has changed in recent years. Nowadays and each time more, people buy and pay for the products in a digital way.
The world is becoming more and more digital, COVID-19 has also given a great boost to this digital transformation and we are increasingly connected to the Internet, whether at work or at home, on all kinds of devices and therefore companies and users are more exposed to fraud. For example: identity/personal data theft and credit card data theft when paying for a product/service.
The importance of having a system that helps to block this type of fraud is central in our times.
One Time Password (OTP), is an authentication system that can be applied whenever a login or secure access is required using a unique password.
Imagine the following example where a user wants to pay for a product by credit card, with an OTP system this user will receive an SMS with a code (token) to insert it in the site, or application, for the transaction to be approved. This ensures the ownership and guarantees that the operation is carried out by the person himself.
The purpose is to create a security barrier against identity/personal theft on the Internet. Companies like Google, Facebook and a wide range of online banking systems already use this technology. We reinforce that this system through SMS is recommended for all companies that want to increase the security of their customers’ accounts.
Go4Mobility offers reliable and specific routes to send “OTP” tokens. Through our API, the integration is easy and can be fully customized according to security requirements and required use cases.
Additionally, we offer a turnkey solution with the generation of the tokens and their sending
Simplicity for your customer, productivity for your company, security at the highest level for both. See what the flow of an OTP system is like:
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