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OTP News

15 Jul 2024

Holding Multiple SIM Cards? You Could Face Rs 2 Lakh Fine Or Jail; Here's How

Across the country, individuals are allowed to have up to nine SIM cards each. However, in specific regions such as Jammu & Kashmir, Assam, and certain parts of Northeast India, the limit is reduced to six SIM cards per person.

11 Feb 2024

RBI Urges Banks To Ditch SMS OTPs For Enhanced Authentication

Banking industry experts have raised concerns about the vulnerability of SMS-based one-time passwords (OTPs).

11 Aug 2023

How Many SIM Cards Are Issued On Your Aadhaar Card? Here's Step-By-Step Guide

On one Aadhaar card, a person is permitted to have nine SIM cards, per Department of Telecom (DoT) regulations.

07 Jun 2023

Google Pay Enables Aadhaar-Based Authentication For UPI Activation

"With the Aadhaar-based UPI onboarding flow, Google Pay users will be able to set their UPI PIN without a debit card," Google Pay said in a statement.

02 Jun 2023

This State Govt Employees Can Withdraw Their Salary In Advance

The new rule went into effect on June 1, 2023.

17 Jun 2022

OTP rule changes from today! Debit, credit card users must know new rule

The new limit has now come into effect. Das pointed out that requests have been received from stakeholders to increase the limit. According to Das, the decision has been taken to improve customer convenience.

11 Mar 2022

Banks to allow users to enable UPI with Aadhaar-OTP from THIS date

Despite the fact that NPCI introduced this service, it was always up to the banks to make it available to their consumers. Previously, NPCI had asked banks to comply in order for this feature to be enabled by December 15, 2021. Currently, most banks require their customers to prove their identity using their debit cards.

22 Dec 2021

How this spam call can empty your bank account | Fraud call | Scam call

India is now the 4th most-affected country by spam calls. Just one phone number made over 202 million spam calls in India, as per the Truecaller report. Roughly, 6.64 lakh calls were made every day by the spam number in India; 27,000 calls/hour. As per a 2017 survey, 6 out of 10 people in India received spam calls when they were busy.

26 Nov 2020

WhatsApp OTP scam: What is the modus operandi, and how to protect yourself

Enable two-step verification. Enhance the security of your account. Two-step verification is an optional feature.

02 Dec 2019

ATM Fraud: Over 100 cases registered in Kolkata; withdrawal from Delhi, NCR

Many people under the jurisdiction of Jadavpur PS lodged their complaint of unauthorized withdrawal of Rs 10,000/- to 30,000/- after receiving text messages of withdrawal from banks including SBI, HDFC, AXIS, PNB, Indian Bank, etc.

Permanent Account Number

08 May 2018

Now, link Aadhaar with PAN through ID proof scan, OTP

Individuals struggling to link their Permanent Account Number with Aadhaar because of differently spelt names can now simply upload a scanned copy of PAN to get the work done.

08 Dec 2016

Now, OTP not required for online transactions less than Rs 2,000

In a bid to ease the online transaction process, the Reserve Bank of India (RBI) has relaxed two-factor authentication for online payments below Rs 2,000.

04 Nov 2015

Government sets a target of 90% OTP for Air India

Concerned over its on-time performance (OTP), Government has asked Air India to achieve higher efficiency in its operations and set a target of 90 percent OTP for this month.

13 Jul 2015

I-T Department launches OTP facility for online ITR filing

The Income Tax Department Monday launched its ambitious One Time Password (OTP) based e-filing verification system for taxpayers, thereby ending the practice of sending paper acknowledgement to its office in Bengaluru.

10 Dec 2014

Nasscom for one-step authentication for small online payments

A two-step authentication is generally prevalent in the country unlike developed nations. First step of authentication is feeding PIN and the next step is punching in secure code or one-time pin (OTP).

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