{"id":3639,"date":"2022-09-23T09:10:47","date_gmt":"2022-09-23T09:10:47","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=3639"},"modified":"2022-09-24T08:27:57","modified_gmt":"2022-09-24T08:27:57","slug":"otp-verification-for-paytm-money-login","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/otp-verification-for-paytm-money-login\/","title":{"rendered":"OTP verification for Paytm Money login"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">At Paytm Money, we strive to constantly make your investment and trading experience seamless and secure. We worked on something new that does exactly that!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We&#8217;re introducing OTP verification on Paytm Money &#8211; a new two-factor login authentication for Equity accounts &#8211; in place of our passcode verification. This will protect your investments further by adding a layer of security that is real-time, reducing the risk of your account being compromised.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This feature is being introduced in compliance with the <\/span><a href=\"https:\/\/www1.nseindia.com\/content\/circulars\/COMP52623.pdf\"><span style=\"font-weight: 400;\">new circular<\/span><\/a><span style=\"font-weight: 400;\"> issued by the exchanges for all brokers, which mandatorily requires them to implement two-factor authentication for their investors.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At present, users need to enter a password and then a PIN as two-factor authentication to access stocks and F&amp;O products on the Paytm Money app. In order to remain compliant with the new guidelines for two-factor authentication, we&#8217;re replacing passcode-based verification with OTP verification for all the users who have a valid trading account, and use a password as an authentication method at the time of log in.<\/span><\/p>\n<p><b>What you need to know:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Once enabled, you will be required to enter an OTP every time you log in to access your Equity section on Paytm Money. This OTP will be sent to your email address and mobile number registered with us.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This feature will be mandatory for all users with a valid Paytm Money trading account who use a password to log in.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Some of you might have already received this additional security feature with your latest app update. We will soon be rolling it out to all Paytm Money users in the next couple of days.<\/span><\/i><\/p>\n<p>&nbsp;<\/p>\n<p><b>What do I need to do?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Verify and update your phone number and email id in the \u2018Profile\u2019 section of \u2018Paytm Money &#8211; Stocks\u2019 page<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensure you have the latest version of Paytm Money app on your phone\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b>What if I don\u2019t want to enter an OTP every time I log in?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">As an alternative to entering an OTP every time, you can choose to enable Biometric (Fingerprint \/ Face ID) log in for your account. Steps below &#8211;\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensure Fingerprint \/ Face ID authentication is enabled on your device\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Log into your Paytm Money account with your password and an OTP. You will now be prompted to enable Biometric verification for your future login sessions<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click on Enable Now and follow the steps to completion. This is a one-time activity<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Once your biometric authentication is enabled, <\/span><span style=\"font-weight: 400;\">you&#8217;ll be prompted to log in using your biometric (fingerprint or face id) authentication every time you access the equity section on Paytm Money.\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Here\u2019s a video to help you understand this better!<\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-3644\" src=\"https:\/\/paytmmoney.wpengine.com\/wp-content\/uploads\/2022\/09\/new_otp_verification_flow_80comp.gif\" alt=\"new_otp_verification_flow_80comp\" width=\"400\" height=\"711\" \/><\/p>\n<p><b>Steps to enable Fingerprint \/ Face ID authentication on your device:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Android:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tap on settings<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tap on \u201cPasswords &amp; Security\u201d<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Select Fingerprint Unlock<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Verify your account by confirming your device pin<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click on Add Fingerprint<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Add your fingerprint by putting your finger on the sensor<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tap on Done to complete the fingerprint set-up process<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Open Paytm Money App again and click on the \u201cEnable Now\u201d button after the OTP verification screen<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">iPhone:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Go to settings<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Select Face ID and Passcode<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enter your passcode to verify your account<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">And complete setting up the face ID<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Open Paytm Money App again and click on the \u201cEnable Now\u201d button after the OTP verification screen<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><i><span style=\"font-weight: 400;\">Disclaimer \u2013 <\/span><\/i><i><span style=\"font-weight: 400;\">Investment in securities market are subject to market risks, read all the related documents carefully before investing. The information is only for consumption by the client and such material should not be redistributed. Please refer<\/span><\/i><a href=\"http:\/\/www.paytmmoney.com\/\"> <i><span style=\"font-weight: 400;\">www.paytmmoney.com<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> for further information.\u00a0<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At Paytm Money, we strive to constantly make your investment and trading experience seamless and secure. We worked on something new that does exactly that! We&#8217;re introducing OTP verification on Paytm Money &#8211; a new two-factor login authentication for Equity accounts &#8211; in place of our passcode verification. This will protect your investments further by<a href=\"https:\/\/www.paytmmoney.com\/blog\/otp-verification-for-paytm-money-login\/\">Continue reading <span class=\"sr-only\">&#8220;OTP verification for Paytm Money login&#8221;<\/span><\/a><\/p>\n","protected":false},"author":31,"featured_media":3641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,11,17,24],"tags":[],"class_list":["post-3639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements","category-home","category-others","category-stocks"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/3639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=3639"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/3639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/3641"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=3639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=3639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=3639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}