Airtel Safe Pay Secure users from identity theft

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Airtel Safe Pay can be enabled by logging into the Airtel Payments bank account linked to a user's respective phone number within the Airtel Thanks app. After enabling the feature, whenever a user wants to make a payment, they will need to provide additional authorization to allow the transaction to run.


Synopsis

  • Bharti Airtel's online banking branch called Airtel Payments Bank (APB) announced last year the arrival of a new security feature: "Airtel Safe Pay".
  • Airtel Payments Bank's Airtel Safe Pay is an advancement over industry standard two-factor authentication.
  • Airtel Payments Bank was able to become profitable in mid-2021, after 55 months of operation.

Bharti Airtel's online banking branch called Airtel Payments Bank (APB) announced last year the arrival of a new security feature: "Airtel Safe Pay". The company called it the safest way for Indians to make digital payments.

Airtel Safe Pay Secures users from identity theft

The whole premise of Airtel Safe Pay is to add another layer of security for payments made via net banking or UPI. This allows users to rest assured that without their explicit consent, money cannot be transferred from their account.

Airtel Safe Pay an Advance - Authentication of more than two factors
Airtel Payments Bank's Airtel Safe Pay is an advancement over industry standard two-factor authentication. This feature offers users the highest level of security against potential fraud such as stolen passwords or credentials, phishing and, in some cases, phone cloning.

The theft of credentials or passwords can lead to identity theft scenarios. However, with the added layer of protection in addition to two-factor authentication, Airtel Safe Pay is a feature that is sure to help curb online payment fraud.

How to enable Airtel secure payment?
Airtel Safe Pay can be enabled by logging into the Airtel Payments bank account linked to a user's respective phone number within the Airtel Thanks app. After enabling the feature, whenever a user wants to make a payment, they will need to provide additional authorization to allow the transaction to run.

This way, if someone is trying to withdraw money from a user's account, they will not be able to do so, as the user will of course not authorize any unsuccessful payments.

Thanks to features like this, Airtel Payments Bank was able to become profitable in mid-2021, after 55 months of operation. The new updated policy of the Reserve Bank of India (RBI) has allowed users to deposit up to Rs 2 lakh instead of the previous restriction of Rs 1 lakh. This has also greatly helped the company to increase the annual deposit rate.

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