Alpha BANK
Re: Alpha BANK
It means that Alpha bank are now forcing us to use an App on a smartphone in order to make payments with your online banking.
They no longer text you a one time passcode to enter as the additional security measure but send an automatic code to the phone
Personally I cannot use a tiny phone for my online banking (and why should I be forced to have the App on my phone which can easily be lost or stolen) I will be going elsewhere and opening a new bank account as soon as possible so that I can use my laptop at home which has better security.
They no longer text you a one time passcode to enter as the additional security measure but send an automatic code to the phone
Personally I cannot use a tiny phone for my online banking (and why should I be forced to have the App on my phone which can easily be lost or stolen) I will be going elsewhere and opening a new bank account as soon as possible so that I can use my laptop at home which has better security.
Re: Alpha BANK
It's highly likely that all banks will use this method eventually, so pointless moving banks
Last edited by Uncle D on Mon Aug 02, 2021 7:30 am, edited 1 time in total.
David
Re: Alpha BANK
With the Bank of Cyprus, you have a choice to get a message to your phone or to your Email address
Trev..
Re: Alpha BANK
More than likely. Driven, by compliance by EU Payment Services directives to improve security and reduce fraudulent payments / account theft from online accounts.
Ian
Re: Alpha BANK
Yes, that is the reason Alpha Bank are giving but I remain unconvinced that having everything on my phone is safer than on a device that does not leave my home.
What I find more unacceptable is that it should also be possible to send these push notifications to any device attached to the internet but when I asked Alpha Bank, they told have told me that they have No plans to release an App that can be used on a laptop.
Aside from the so-called security aspect, I know I am not the only person who has difficulty using a tiny phone keyboard and screen.
Re: Alpha BANK
Yes, I'm with the same bank as Galini, and have already told them that I have no intention of using that app. I either set up direct debits where appropriate, or pay by cheque or cash.
I don't use my mobile for this and anyway, mine is a smaller screen which makes its use more fiddly and in my case this is more likely to lead to possible mistakes.
Dee
I don't use my mobile for this and anyway, mine is a smaller screen which makes its use more fiddly and in my case this is more likely to lead to possible mistakes.
Dee