Trai tells regulators, ministries to meet Sep 1 deadline on fraud texts

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Trai tells regulators, ministries to meet Sep 1 deadline on fraud texts - Business Standard

Quick Summary:

But it has also sparked concerns that consumers of banks, financial institutions, and e-commerce companies may face interruptions in receiving service and transactional messages and especially One Time Passwords (OTPs).

The decision is billed to have a major impact on curbing spam, and potential frauds given that many users unknowingly click on links that act as phishing tools for data hackers.

On the other hand, the 160 series has been allocated exclusively for service and transactional calls, it said.