How To Register For OTP On All ATM Online?

What is an OTP?

The abbreviation OTP has become a frequent part of our daily transactions and various registrations. The OTP is useful in series of banking transactions, online payments and a lot more. When needed, the OTP is ideally sent as an SMS to the phone number provided in the course of the transaction or verification. The full meaning though is often of little importance to its users and though it is quite a simple and guessable one, many use it still without knowing what it means. This article tells all there is to know about OTPs, their full meaning and use;

What is the full meaning of OTP?

Fully written as OTP code, the abbreviation stands for One Time Password Code. The OTP is provided by Safe token services and as such is often also called a Safe token code. It is referred to as a code as it is often a series of numbers. A safe token or One Time Password as the name is a verification code that can only be used once. This ensures that the transactions are repeated by anyone else without one’s knowledge.

What is the One Time Password Code Used For?

Asides from app registrations, the OTP comes in even handier for bank transactions. The OTP is like a new layer of security and it ensures that the transaction ensue is a lot safer. In regards to bank transactions, the Safe token is extremely important for the safety of one’s funds. Recent years have produced a lot of advanced defrauding means and so a technical improvement such as the OTP is strongly advised especially in a situation where one is required to share their bank details with a website or on some sites.

The OTP allows ATM card uses to smoothly access a number of online shopping platforms with added security. The process of registering for Safe Token which is the service provider is one that can be done either at the bank, at the ATM or as this article will explain, online as well.

How to register for Safe token One Time Password code?

  1. The easiest and probably the most used means of getting a bank Safe Token is at the bank. While getting one’s ATM card, the user can simply request for their Safe Token which will be sent to the users registered phone number as an SMS whenever the user is about to make an online payment.
  2. Another means of getting this feature is by creating it at the ATM. This costs a fee of N101 however it can be done in few steps;
  3. At the ATM, simply put in your pin
  4. Select your type of account savings/current
  • Pick the Quickteller services option
  1. Select the “Pay bills” option then choose ‘Others”
  2. Type in 322222 as the Biller Code.
  3. Type in your phone number as the customer reference
  • Select the “Pay Amount Due” option

A message that the registration was successful should be brought on this screen. After this process, the user gets an OTP every time the user comes across a payment site that requires a One Time Password. This option works best for users that didn’t get the OTP registered at the bank and don’t want to register for the code online.

  1. The code can also be registered for online. This works well for users that frequent online shopping and payment. To register for the One Time Password online, the user needs the Quickteller website and this means of registration is relatively easier. The user simply needs to click on “sign up” on the website or app, provide the right information that the site requests for and then proceed to their provided email, there should be an email from the website, open the email and click on a link included in the email to complete the registration. A message of successful registration should be seen at this point.

NOTE: After the registration, the user still needs to contact their bank in other to validate the registration. The bank then sends the user his/her OTP to whatever phone number is attached to the user’s card. The user can get the OTP by clicking on “generate token” on the Quickteller app or dialing the USSD code *322*0# or checking their email asides from the option of getting it as an SMS to their registered phone number.

 

Show CommentsClose Comments

Leave a comment