(Amman – July 2017) Credit card holders do not have to use their PIN number for online shopping any longer. Rather, they will receive a One-Time Password (OTP) via SMS on their registered mobile numbers that is valid for only one login session or transaction. The service, launched by Bank of Jordan in July, provides an extra layer of security for all credit card types (Platinum, Gold, and Silver).
It is worth noting that the OTP is generated for every transaction made using registered online shopping sites.
“The service falls under the Bank’s strategy of keeping up with the latest e-payment trends,” said Saleh Rajab Hammad, BoJ Acting Director General, adding that the step is expected to encourage more online shopping.