Manila The country’s largest foreign bank has launched the One-Time Personal Identification Number (PIN) feature in the Citi Mobile banking application, offering its clients greater convenience and peace of mind when making online banking transactions.
The One-Time PIN is a unique six-digit PIN that serves as a dynamic second-level authentication and allows users to access their account details and complete online transactions on their computers, tablets or mobile phones.
The One-Time PIN can be received via SMS or generated on the Online Security Device. This latest option to generate One-Time PIN via Citi Mobile provides clients some additional advantages.
“By turning the mobile phone itself into a two-factor authentication device, users do not have to carry the Online Security Device wherever they go,” said Citi Asia Pacific Head of Customer Franchise Francesco Lagutaine.
“Using Citi Mobile, clients can also generate offline One-Time PINs without internet connection or network coverage. Hence, clients traveling overseas do not have to incur any costs to generate One-Time PINs,” added Lagutaine.
Citi Philippines Consumer Business Manager Bea Tan added: “We are delighted that Citi Philippines is the first to launch the One-Time PIN via Citi Mobile globally. This completes our full suite of One-Time PIN generating solutions, including SMS and the hardware tokens. It reaffirms our commitment to deliver a secure, convenient and flexible online banking experience to our clients and to be the leading digital bank.”
To get started, clients simply download the Citi Mobile banking app on their Apple or Android devices for free and register their mobile device.
They can then use Citi Mobile to generate the One-Time PIN on their mobile devices and use it to authenticate their Citibank Online or Mobile Banking transactions including making payments, ordering a checkbook and opening a time deposit.
With more than 1.5 million users in the Asia Pacific region, Citi Mobile is one of the most active and widely used mobile banking platforms in the region. Citi Mobile is widely used for bill payments, fund transfers and Rewards points redemption. Other popular features include instant, location-based access to Citibank offers, exclusive dining and shopping deals as well as listings of bank branches and ATMs in the Philippines and around the world.
For more information about One-Time Pin and to experience anywhere, anytime banking, log on to http://www.citibank.com.ph/gcb/secureonlinebanking/index.html today, or call the 24-hour CitiPhone at 995 9999.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
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