What is the OTP?

2021-04-22 09:43
The one-time password (OTP), also known as one-time pin , is a password that is valid for only one deposit transaction.
The OTP IS sent from your bank to confirm transactions made using your ATM card.
When attempting to fund your Nairabet account with your MasterCard or Verve card, you are required to choose your card type a either MasterCard or Verve card depending the card type you have with you.

Then you enter your ATM card details and all other necessary information the system requests for then click on pay.

You will be prompted to enter a transaction password which is the OTP.

If you are already enrolled for the internet banking and you have a hardware token, kindly press your hardware token to generate a transaction code  then input the code to complete your deposit transaction.

If you are no enrolled for internet banking, the OTP soft token would be delivered to the phone number registered on your bank account via text message. You will be required to input the code you receive on your phone in the token box provided to complete your deposit transaction.

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Tags: atm card, funding, otp
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