Are you clueless about what a token code is? Or you do not know how to generate token for GTBank? Read this guide with me to understand how GTBank token works.
The SecurID token code is simply a continuous regenerated number commonly used to prove the user’s identity. The token code is a pseudo-random 6- or 8-digit number that is displayed on the RSA SecurID token device.
It is only designed to be possessed by the authorized user. The token is also a one-time password (OTP) which is only valid while the device displays it. It is important to understand that you can only use it once, just as the name implies.
Some years back, customers were usually required to pay for token devices. Also, they used to come in a hardware form that customers can carry around.
The great news is that you do not have to pay anymore to get your token from GTBank. How times have evolved!
You can now generate token from the GTBank mobile banking platform. It is also possible through the use of GTBank USSD code, which costs you zero naira to enjoy this.
If you are wondering how to generate a token code from GTBank, then this article is for you. This article will save you the stress of carrying hardware tokens around and promises to walk you through how to generate token for GTBank successfully.
Types of GTBank Token
There are basically two types of GTBank tokens. They are:
- GTBank Hardware Token
- GTBank Software Token
The token device generates a new token code at regular intervals, typically every 60 seconds, and displays a new code for transactions.
This display frequency for the token device determines the amount of time the token code appears before it refreshes the display.
You can also check how to upgrade GTBank account- bank guide (NGR).
How To Generate Token For GTBank
GTBank Hardware Token
To generate the GTBank hardware token, you have to own the GTBank token hardware device.
With this token, you will have the opportunity to activate the GTBank tokens and also generate the token codes anytime you want to carry out any transaction.
When you want to perform a transaction from your bank, you need to generate a token code through the GTBank hardware token.
To do this, simply press the white button on the GTBank OTP device immediately when you are in the process of a transaction. After you press the button, it will generate a 6-digit code which will be displayed on the device screen.
This code is what you will use to authenticate your transaction.
GTBank Software Token
To generate a GTBank token code from your phone to enable you to make a payment or transact, you should dial *737*7# on the phone number that is registered or linked to your GTBank account.
After dialing the USSD code, you should now enter your NUBAN account number in order to get recognized.
Then, enter the last 6 digits of your GTBank debit card. That action will automatically authenticate your transaction successfully.
You can also generate GTBank software token code through the use of the following steps:
- Start by dialing *737# on the phone number you activated mobile banking on.
- Then reply to the options by pressing “11” for NEXT
- You should now choose “8” to generate the token code.
- Proceed by entering the required details to get your token for your transaction.
After following all these steps, your token code will be displayed on the screen, and can now use it to complete your internet banking transactions.
You must use the token code you generate within the next 1 minute, otherwise, it will be rendered invalid.
Benefits of Knowing How To Generate Token For GTBank
The token device is capable of generating a random code for every transaction, which in turn makes it impossible for another person to perform online transactions from your account.
You don’t have to visit any of the GTBank branch before you can carry out online transactions anywhere in the world.
You can also successfully send money to family and friends and make transactions from a computer and web-enabled mobile phone.
The token device is one of the latest in banking security technology that uses 128 bits data encryption to protect your account details.
Also, the GTBank token device is a brilliant choice for business owners because it is highly confidential and cost-effective for transferring a lot of money or funds daily.
You can even use the opportunity to check your account balance in your GTBank.
We have succinctly discussed how to generate token for GTBank above in an easy guide. All you have to do is to follow whenever there is a need to make a transaction.
I believe we now know the importance of GTBank tokens, and the fact that transactions can not be completed without the code.
Henceforth, you can send any amount of money to your loved ones or your business partners painlessly.
You can also pay for your cable subscription, flight payment, phone bills and internet services, transfer of foreign currencies from your domiciliary account to anyone in the world, and many more.
Just verify the token code, and your transaction is done.