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More e-tailers doing away with OTPs

More e-tailers doing away with OTPs

Tuesday, January 14, 2020, 11:33 AM

Many e-commerce platforms and mobile apps are set to do away with the second-factor authentication of one-time passwords (OTPs) for regular customers on payments up to Rs.2,000, making online transactions quicker and smoother. Flipkart has already done so, and others like Swiggy and ride-sharing apps are about to follow. Unlike in India, many overseas e-comm platforms and apps do not require second-factor authentication.
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