We use bulk SMS every day for different purposes. The organization makes use of the bulk SMS for marketing purpose that helps them to reach out to customers easily. Though there are different types of bulk SMS, but in this article, we will talk about OTP SMS today. Bulk OTP senders are normally the financial institutions or any ecommerce websites where you need to get any transaction done.
We will start with a basic knowledge about bulk SMS and what is OTP SMS. We will also look how a secure transaction is carried out through the OTP SMS.
What is bulk OTP SMS?
OTP stands for one-time password. The OTP SMS is the types of SMS has helps in providing the login credential to any accounts. This OTP is being send to the user’s mobile number (after confirmation) and with that number user can further proceed in the process. This particular password is valid until few minutes and then gets invalid.
The main purpose of the OTP SMS is to get the desired security from any fraudulent transaction and ensure that the user’s account is in safe hand. Besides financial and ecommerce, many other businesses are taking up this OTP Bulk SMS facility for enhanced security purposes in case of user’s login.
Need of OTP
This is the era of digital marketing and most of our daily tasks are being done over digital platform. Most of the people are cashless these days, as transaction are being done through UPI. So online security is a serious concern that every organization must care about.
In recent times, the most protective way to access your account is through 2-factor authentication. Among multiple ways, OTP is one form of 2-factor authentication. In this way before finally getting into the account, a second way to confirm your identity is being done through the OTP.
To mention, there are several benefits of bulk OTP SMS. Let’s delve into those benefits and let open your eyes on the OTP SMS significance for businesses.
Benefits of the OTP SMS
- Highest security obtained
As mentioned earlier, it is one of the most secure way to carry out account login or doing any online transaction. It is one of the 2-factor authentication process which is now considered as one of the way in which users give permission after receiving the unique one time password.
- Widespread accessible
As OTP is being received by SMS, hence it is one of the most convenient way people can receive it. Though most of the people these days are having the smart phones, yet if somebody does not have it, they can also receive the OTP SMS.
Hence, It is considered as the most widely accepted way of connecting with the consumers and protecting their data.
- Securing sensitive transactions
Not only for login factor, but OTP can help in tightly securing the online transactions too. In case you want to pay any online stores with debit card or credit card, entering PIN number will not work. In that case you will receive the OTP from the bulk OTP sender and get the transaction done.
This overall ensures that only authorized person can carry out the transaction safely.
- Easy mitigation of the risk
Effectiveness of OTP SMS is quite high as guessing the correct OTP within the shortest timeframe is nearly impossible. Hence you can literally reduce any brute force attacks too.
Hence, it is highly effective one.
- Cost effective
Bulk OTP senders can take up the plan of OTP SMS at a very affordable cost. There are many bulk SMS service provider who can provide the service at affordable rates. There is no other options available which cab provide this safety facility at such a cheaper price range.
Thus, it is one of the most secure and cheapest way to handle online transactions.
The above 5 benefit has turned the table and is now the most popular way out for online transaction. As the end users always expect the organization to take care of the security issues, hence it is a good way to provide them the service. That is highly acceptable by all consumers.
Now let’s look how the OTP SMS works
Workflow of OTP SMS
Here is a simple work flow of the OTP SMS which would help give a better insight on the process:
- Registration: user need to register; it can be on any website or any application. When the registration is being done, mobile number has to be provided.
- Login: after the registration when the user wants to login, they have to put the username/mobile number and the password.
- OTP password: once the login credentials are given, the user request for the OTP. On sending such a request, within few seconds you will receive the OTP. This SMS contains 5–8-digit number. This number is unique and is valid for 5 minutes.
- Enter the OTP- once received, you need to enter the OTP at the designated place.
- Authentication done: once the authentication is done from the bulk OTP sender side, you will be allowed to enter the account.
Similar way is followed in case of online transaction too. Once you enter the OTP and your identity is verified, then only final money transfer will be done.
Though the process is super simple, yet it has a strong layer of protection and help in preventing fraudulent.
Conclusion
InfoSky Solutions is one of the most reliable bulk OTP SMS providers in Kolkata, India. We can help you get the bulk SMS service for any institutions or organization. Each of our plans has best support system where we guarantee delivery within 2-5 seconds of OTP SMS. We offer unlimited validity with just Rs.0.14/SMS.
If your business requires to send the OTP SMS to your customers, consult with our experts. Surely, they will help in choosing the right plan based on specific business requirements.