tag OTP Service

Obligatory OTP Service of Banks Suspended

EghtesadOnline: Governor of the Central Bank of Iran says making the one-time password mandatory for banks is not possible now due to the problems of both lenders and customers.
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Publish Date:09/November/2019 | 13:42

OTP Service by Lenders Becomes Mandatory

EghtesadOnline: In a move to curb cybercrime pertaining to debit card fraud and increase the security of online banking, the Central Bank of Iran has instructed banks and credit institutions to use one-time password (OTP) in order to protect their clients' ID and bank account data.
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Publish Date:11/May/2019 | 13:47