Understanding One-Time Passwords (OTPs) for Secure Transactions

A one-time password (OTP) is a highly secure, automatically generated string of characters designed to authenticate users during login processes and electronic transactions. This method enhances security by ensuring that each password is unique and valid for only a single session or transaction.

What Are Electronic Transactions?

Electronic transactions encompass a variety of activities conducted online, including web-based transactions, internet banking, and mobile banking. During these transactions, users are typically required to enter a 6-digit token-generated code to verify their identity and authorize the action.

Using the GT eToken App

The GT eToken App serves as a modern alternative to the traditional GTBank hardware token device. This app allows users to generate OTPs directly from their mobile devices, streamlining the authentication process for secure banking.

Activating Your GT eToken App

To activate your GT eToken app, follow these simple steps:

1. Select your customer type.
2. Choose your preferred activation method, which can include:
• Using your bank card
• Utilizing the hardware token
• Contacting the customer service center to obtain an authorization code
3. Your data ID will be verified to complete the activation process.

Using Your GT eToken App

Once your app is activated, you can create a unique 6-digit Pascode for subsequent logins. This Pascode will provide you with 24/7 access to your banking services, ensuring that you can manage your finances anytime, anywhere.

Security Tips for Using OTPs

To maintain the integrity of your OTP and protect your account, it is crucial to follow these security guidelines:

• Never disclose your OTP: Your OTP is a sensitive piece of information. Do not share it with anyone, as this could lead to unauthorized access to your account.
• Use secure networks: Always ensure that you are connected to a secure and trusted network when accessing your banking app.
• Enable two-factor authentication: If available, enable additional security measures such as two-factor authentication for enhanced protection.

Need More Information?

For further details about the GT eToken app and its features, visit www.gtbank.com. You can also reach out to the GTCONNECT contact center at 080 2900 2900 or 080 3900 3900 for assistance.

In conclusion, utilizing a one-time password through the GT eToken app significantly enhances the security of your electronic transactions. By following the activation steps and adhering to security best practices, you can enjoy a seamless and secure banking experience.