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Is the smartphone app secure?

Absolutely, this app uses the latest in security technology to protect you and your personal finances:

  • There is validation on the email address you use to create your digital ID via the Verification code process.
  • There are authentication processes when adding products using credentials from other channels (ATM PIN, Online Share Trading(OST)and Insurance)
  • There is a two-step one-time-password (OTP) authentication for Secure Banking transactions.
  • Insurance validates that the registered account holder matches the policy holder by using the banking profile details.
  • All data sent to and from the device is encrypted using SSL (https) technology.
  • Customer data is not stored on the device once a usage session ends.
  • The device is locked to one user at a time.
  • There is back-end validation of value transactions.

Electronic account payment and cash limits  prevent large money transfers.

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Last update:
‎17-03-2015 10:51 PM
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