Axis Bank Introduces Mobile OTP – A Game Changer for Secure Banking!

[ajijul_93rahman]

Axis Bank is rolling out a new security feature – Mobile OTP!

If you use Axis Internet Banking, you know how important OTPs are for login and transactions. Until now, these OTPs were sent via SMS, but Axis Bank is now introducing Mobile OTP via the Axis Mobile App for a more secure and seamless experience.

What is Axis Mobile OTP?​

Axis Mobile OTP allows users to generate OTPs directly from the Axis Mobile Banking App, eliminating the need to wait for SMS-based OTPs. This is useful when you have network issues or delays in receiving OTP messages.

How to Use Axis Mobile OTP?​

Download the latest version of the Axis Mobile App.
Complete registration within the app to enable Mobile OTP.
When logging in to Internet Banking, select the Mobile OTP option instead of waiting for an SMS.
Generate OTP in the app and enter it for secure authentication.

Benefits of Axis Mobile OTP​

Faster OTP Generation – No waiting for SMS delays.
More Secure – Reduces risk of OTP interception via SIM swap fraud.
Seamless Transactions – Works even when mobile networks are weak.
Robust Authentication – Directly linked to your Axis Bank account.

Coming Soon!​

As per the Axis Bank website, this feature is coming soon, so keep an eye out for updates. You may need to update your Axis Mobile app once the rollout begins.

What do you think?​

Will this feature improve security and convenience for Axis customers?
Have you received the update in your Axis Mobile App yet?
Should more banks implement this feature?

Drop your thoughts below!

 

[TaxWiser]

Axis Bank is rolling out a new security feature – Mobile OTP!

If you use Axis Internet Banking, you know how important OTPs are for login and transactions. Until now, these OTPs were sent via SMS, but Axis Bank is now introducing Mobile OTP via the Axis Mobile App for a more secure and seamless experience.

What is Axis Mobile OTP?​

Axis Mobile OTP allows users to generate OTPs directly from the Axis Mobile Banking App, eliminating the need to wait for SMS-based OTPs. This is useful when you have network issues or delays in receiving OTP messages.

View attachment 2285

How to Use Axis Mobile OTP?​

Download the latest version of the Axis Mobile App.
Complete registration within the app to enable Mobile OTP.
When logging in to Internet Banking, select the Mobile OTP option instead of waiting for an SMS.
Generate OTP in the app and enter it for secure authentication.

View attachment 2286

Benefits of Axis Mobile OTP​

Faster OTP Generation – No waiting for SMS delays.
More Secure – Reduces risk of OTP interception via SIM swap fraud.
Seamless Transactions – Works even when mobile networks are weak.
Robust Authentication – Directly linked to your Axis Bank account.

Coming Soon!​

As per the Axis Bank website, this feature is coming soon, so keep an eye out for updates. You may need to update your Axis Mobile app once the rollout begins.

What do you think?​

Will this feature improve security and convenience for Axis customers?
Have you received the update in your Axis Mobile App yet?
Should more banks implement this feature?

Drop your thoughts below!

SBI did it First

 

[ajijul_93rahman]

SBI did it First

SBI was one of the early adopters of security features like OTP-based authentication and device binding, but it’s hard to say if they were the first to introduce such methods. Other banks, especially private and international ones, have been using similar security measures for years.

For example, HSBC, ICICI, and HDFC have had security code generators and app-based authentication for quite some time. Even globally, banks have been using TOTP (Time-Based One-Time Password) and QR-based logins for years.

So, while SBI may have been an early adopter in India, they weren’t necessarily the first to introduce these security features.

 

[TaxWiser]

SBI was one of the early adopters of security features like OTP-based authentication and device binding, but it’s hard to say if they were the first to introduce such methods. Other banks, especially private and international ones, have been using similar security measures for years.

For example, HSBC, ICICI, and HDFC have had security code generators and app-based authentication for quite some time. Even globally, banks have been using TOTP (Time-Based One-Time Password) and QR-based logins for years.

So, while SBI may have been an early adopter in India, they weren’t necessarily the first to introduce these security features.

As per my understanding, Early adopters of an existing innovation in a region where it's previously unknown are often seen as the first to bring it there.

 

[ajijul_93rahman]

As per my understanding, Early adopters of an existing innovation in a region where it's previously unknown are often seen as the first to bring it there.

Exactly! Being an early adopter not only gives you the advantage of firsthand experience but also positions you as a trendsetter in that region. Sometimes, it's not just about using innovation but about shaping its perception for others.