Standard Bank makes use of cellular SMS OTP notifications when asking customers for MFA, or Multifactor Authentication, for security purposes. These are notifications presented via your cellular network. It's important you have cellular signal to receive these notifications.
The following forms of MFA are required from Standard Bank when:
- Logging into your account: SMS OTP
- Initiating payments: SMS OTP
- Adding a beneficiary: SMS OTP
The below is an example of what a typical Standard Bank MFA request may look like.