Two-Factor Authentication

byPaytm Editorial TeamLast Updated: August 19, 2025

Meaning

Two-Factor Authentication (2FA) is a security process that requires two verification steps to complete a transaction.

How It Works

Along with entering a password, users need an OTP, biometric, or security PIN to confirm their identity.

Advantages

Extra layer of security
Protects against unauthorized access
Widely used in banking and digital payments

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.