GTBank recently updated their mobile banking app to enable the use of a 4-digit PIN to authorise transactions instead of the use of a hardware token.
With the introduction of a 4-digit PIN, customers of the bank now have the option to make use of either their token or their 4-digit PIN to authorise transactions that are being carried out on the the mobile banking app. The only option available before was the use of a hardware token, which means wherever you are, you must have your hardware token with you to be able to complete transactions like adding a new beneficiary for funds transfers, transferring funds to accounts in other banks or even to GTBank accounts. Though making use of the USSD shordcode *737#, can also help you to generate an OTP when you do not have your hardware token with you. However, generating an OTP using *737# attracts a charge of ten naira (NGN 10), which is a small amount, but one that you wouldn’t like to be incurring all the time.
With this new introduction, you can be rest-assured of completing transactions on your GTBank mobile app wherever you are without having to worry about your hardware token or the NGN 10 that comes with using *737# to generate an OTP.