Major disruptions likely! Why your OTP for online purchases may not come from November

Quick Summary:

Telecom companies have warned of possible disruptions in online transactions starting November 1, due to a new TRAI rule on message traceability.

They have sought additional time for proper implementation to avoid blocking important messages like OTPs.

The mandate aims to ensure the traceability of messages sent by principal entities (PEs) such as banks, ecommerce companies, and financial institutions.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: India

Topics: Telecom Regulatory Authority of India Vodafone Idea Bharti Airtel Cellular Operators Association of India Reliance Jio Business news OTP TRAI

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 15:50:33 (3 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1154 words

Reading Time: 7 minutes read

Sentences: 44 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23237179

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 8 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #28

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