OTP Launch

On the 15th of November, 2016, KNET held a conference to launch a client verification feature called OTP (One Time Password).

Chairman of the Board, Mohammad Al-Othman, spoke of the increase in online payments (20 million), a growth of 39.7% for the year. Subsequently, the OTP feature was launched as an additional security feature to verify a customer’s identity, on making single online purchases that exceed KD 25.

The OTP feature operates by linking the online payment to a text message with a unique code that is sent to the registered mobile phone of the customer, to confirm identity, ultimately securing in closing the purchase.