#TECH: SEA prefers OTP via SMS for e-payment transaction

#TECH: SEA prefers OTP via SMS for e-payment transaction. [Newspaper] (2022)



Abstract

KUALA LUMPUR: A recent Kaspersky research showed that e-payment adopters in Southeast Asia (SEA) are becoming increasingly aware of the importance of safeguarding their financial data amidst the rapid rise of digital payment use in the region. And they are clear on the additional security features they hope to see implemented by banks and mobile wallet providers here, moving forward. Titled "Mapping a secure path for the future of digital payments in APAC", the study discovered that more than three in five (67pc) users of digital banking and e-wallet apps in SEA prefer the implementation of one-time-passwords (OTPs) through SMS for every transaction.

Item Type: Newspaper
Keywords: e-payment, Digital payment, Biometric security, Security features, e-wallet apps, e-Commerce
Taxonomy: By Subject > Computer & Mathematical Sciences > Information Technology
By Subject > Computer & Mathematical Sciences > Computer Technology and Networking
Local Content Hub: Subjects > Computer and Mathematical Sciences
Depositing User: Nurmaisari binti Che Anuar (Kuala Terengganu)
Date Deposited: 24 Jun 2022 04:46
Last Modified: 24 Jun 2022 04:46
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