Therefore, unlike conventional digipasses, you are not required to carry with you any other specific device. The OTP is generated using the Digipass APP installed on your device/s (mobile and /or tablet).Due to the enhanced security it offers, if you apply for a Digipass APP through a paper application, you will benefit by the increased daily transaction limits.
The OTP generated is unique per transaction and it is generated by taking into consideration basic transaction data, which offers enhanced security for your transactions through 1bank.It is optionally used to login to 1bank Internet or Mobile Banking. It may be used for any transaction that requires an OTP (transfers, payments etc.) and for instructions sent by fax.