What is OTP and iOTP?

OTP is a one-time 4-digit secure code, used to verify banking transactions/online transactions. OTP is sent to the customers via SMS to the registered phone number while they are making transactions to ensure the transaction is authenticated.

iOTP (instant OTP) works just like SMS OTP, only the 4-digit secure code is created in the Timo app so you can make transactions even when you are overseas.