Everything is going online these days and lots of payment is being done online, like ebusiness, paying bills, paying school fees etc. This post will guide you on how to activate safetoken.
Registering for the Safetoken enables you carry out transactions on any web merchant site that has integrated to the Interswitch payment gateway using a One Time Password (OTP) as a second level authentication process in addition to your Card Number, Card Expiry Date, PIN and CVV2 code.
Before showing you have to activate Activate for the Interswitch Safetoken Service for E Banking you need to know what Safetoken is.
What is Saftetoken
This is a system that generates a 6-8 digit One-Time-Password (OTP) whenever a transaction is initiated via the Interswitch Web Payment Platform.
The mobile phone you are going to use to generate Safetoken must be linked with you account and such number is the one you usually get bank alert with.
Benefit of Safetoken
1. It enables you carry out online transactions above the default limits set by your bank
2. It provides greater online security of your transactions:
a. As your card is tied to your phone
b. As generated One-Time Passwords (OTPs) are sent to your registered phone number and/or email
b. As generated One-Time Passwords (OTPs) are sent to your registered phone number and/or email
3. You can enjoy the Remember Card feature for Verve Cards which:
a. lets you list one or more activated Verve Cards as payment options
b. requires only your CVV2 and PIN to complete transactions
a. lets you list one or more activated Verve Cards as payment options
b. requires only your CVV2 and PIN to complete transactions
4. It enables you use the other Quickteller payment platforms - USSD, SMS & IVR with ease
HOW TO REGISTER FOR SAFETOKEN
OPTION 1:
Go to your nearest bank branch and request for your card to be enrolled for the Safetoken
OPTION 2:
- Go to the nearest ATM, and insert your ATM card
- Input your 4-digit PIN and press Enter
- Select your bank account type eg Savings or Current
- Select the ‘Quickteller’ option from the ATM menu screen
- Select ‘Pay Bills’ from the Quickteller menu list on the ATM screen
- Select ‘Others’ for the bill payment menu option list
- Enter ‘322222”as the Payment Code
- Enter your Phone Number as the Customer Reference Number and select ‘Proceed’
- You will get a display“Do you want to make this payment?” Amount Due:N1
- DO NOT edit the amount to be paid
- Click on “Pay amount due”
You will then get a confirmation page indicating the registration was successful
Once you are able to complete the registration either at the bank branch or at an ATM, you will be able to receive One Time Passwords (OTPs) to complete online payments.
N.B: There is service charge of 100 for activation through the ATM Machine.
Please note that you may need to request for your card to be activated for online payments by your bank before you are able to complete online payments successfully.
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