What is the full form of OTP ?

Otp Description:
OTP (OTP) means or full form of OTP is One Time Password.
As the name suggests, it is a password that can be used only once.
One time password is required for different types of online transactions.
Your bank or any other service provider gives you a one-time password so that you can prove that you are the one doing the transaction, during the online transaction.
One-time passwords have made online transactions secure to a large extent and those who use one-time passwords cautiously reduce the chance of being fraudulent online.
So in this article, we will get complete information about OTP meaning one-time password.
As you have already been told, OTP means a one-time password.
A password that you can use only once during the online transaction.
In today’s new era, when we do a lot of our work online, such as shopping, banking, payment, etc.
So there is a chance of being fraudulent online.
Whenever we do an online transaction, we have to enter our user ID and password.
In addition, an extra security layer is applied, in the form ofOne Time Password.
Whenever you enter your user ID and password for a transaction, then in the final step of the transaction, you have to enter a one-time password received on your mobile or Email ID to process your Transaction.
The OTP is valid only for a certain amount of time, if you did not use that OTP during that specified time, it becomes useless.
For different transactions, every time you receive a new OTP from your service provider, the OTP is usually four or 6 digits. Which may be a mixed form of numerals or numbers and letters.
For example, if you use your debit card or credit card online, you receive a one-time password from your bank to complete the transaction which can remain valid for 10 minutes to 30 minutes.
OTP or one-time password generated during the completion