Otp Authentication Method News Today

The RBI said that though it has not recommended any particular AFA, the payment mediums have largely adopted SMS-based One Time Password (OTP). But now, RBI wants to look into new ways to authenticate online transactions.

India Business News: The Reserve Bank of India (RBI) is proposing new authentication methods for digital payments to enhance security. Learn about the principle-based authentication framework and alternative methods that could be used.