One-time Password (OTP)

One-time Password (OTP) is a password that can only be used once and is a simple and effective way to deal with software and Internet abuses. The one-time password is to secure users’ access to electronic systems, where they use cryptographic capabilities to generate a one-time accidental code. What is often said of the password in the mind of most people is a static code that is somewhat constant and should be remembered. The benefits of using OTP can be the inability of unauthorized access to a customer’s bank account in case of theft or disclosure of users’ fixed passwords, attracting customers’ to use Internet banking services due to improved security and ease Using hardware, password security, preventing security risks, increasing security in online transactions, and more.