SMS verification is a security feature that lets users log into websites, apps and social networks with their mobile phone. It’s also a popular option for preventing fraud.
However, despite its popularity and convenience, SMS verification isn’t without its problems. It’s important to understand the risks and weaknesses before implementing this authentication method into your checkout process.
It’s easy
SMS verification is one of the easiest two-factor authentication methods to use. All you have to do is provide your phone number during registration and a one-time code will be sent to your mobile device.
The verification code is usually 4-6 digits long, and you can enter it into the app or website to complete your verification. This process is called two-factor authentication, and it’s one of the most popular methods for securing online accounts.
It’s also useful for recovering a lost or compromised account. This method helps to prevent account takeover and other forms of fraud, browse around this website.
Customers are used to using SMS verification codes, and it’s a convenient way for businesses to verify their users’ identities. Ultimately, it’s an easy and affordable solution for improving customer satisfaction.
It’s convenient
SMS verification is a convenient and secure way to verify the identity of your customers. It works by sending a text message to your customer’s phone that contains a code they need to type into your app or website.
This method can be used as a first-line verification step for new customers or as part of an automated review process on flagged orders that may have been submitted by fraudsters. It can also help to eliminate the need for a manual review in certain situations, reducing your chances of chargebacks and helping your customers feel safe.
This method is easy to use, and it’s available to virtually everyone. It doesn’t require additional apps, QR codes or hardware devices — which means it’s perfect for businesses who want to protect their data from malicious actors and keep the customer experience simple and intuitive.
It’s secure
SMS verification works by sending a one-time password (OTP) to a user’s phone, which they must enter into an app or website that requires them to verify their identity. These codes are usually 4-6 digits long and are only valid for a few minutes, so they need to be entered quickly after receiving them.
While these OTPs are more secure than passwords, they still have value to bad actors if someone is able to get access to them. So, to ensure security, a strong multi-factor authentication strategy should be in place alongside these OTPs.
In addition to requiring OTPs as part of the verification process, merchants can also use automated fraud detection tools and risk-scoring to flag certain transactions for manual review. If a transaction is assigned a high risk score, then the merchant can ask the customer to verify their identity via SMS. This can be a helpful way to verify purchases without causing additional friction for customers.
It’s fast
SMS verification is a quick and easy way to get access to your online accounts. All you have to do is provide a phone number, and you’ll receive a code that you can use on your smartphone or device.
Many websites and apps use SMS verification as a security measure to keep your personal information secure. This method is also referred to as two-factor authentication.
It’s a safe and secure form of authentication because the verification codes can’t be guessed or stolen, making them difficult for cybercriminals to access your account.
Conlcusion:
It’s also fast – it only takes about 3 minutes to set up and start using a temporary phone number, which can be helpful when you need to register for an app or website that needs verification codes. Plus, you can use the Verify API to make it a part of your onboarding flow, so security becomes a priority from the start rather than an afterthought.