OTP: What is the meaning of OTP?

As a tech savvy, I most times get questions relating to OTP from people around me either when they are filling a form online, signingup, login or do payment related transactions online.

In this post I will simply tell you the meaning and the uses.

OTP: What is the meaning of OTP?

OTP simply means One Time Password. And its used to reduce compromising of the normal reuseable password in a secured platform like online payment etc.

If one one gets your One-Time Password now and attempt reusing it another time it won’t work because it expires once its used ones and that feature made it a saver version of reuseable password.

It is the basic technology behind “Token Device” used by banks for internet banking and online payment security.

NOTE: Out side the above context it could also mean On the phone, One True Pairing and so on.

Facebooktwitterlinkedinrssyoutube
Facebooktwitterredditpinterestlinkedinmail

Olasunkanmi Fakeye

Passionate and experienced Blog Consultant, Trainer and Mentor. Also a Web Design/Dev., Digital Marketing and VAS Consultant with wealth of experience in Web Admin and Social Media success (builds Real Followers for Biz,Celebs,Brands etc. on Twitter and Instagram +FB likes)... Twitter: @Oskaaay (Over 50,000 Real Followers) Instagram: @Oskaaay (over 9,000 RF) Phone: +2347066052228

Leave a Reply

Your email address will not be published. Required fields are marked *