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Can money be transferred without OTP by a debit card?

Can money be transferred without OTP by a debit card?

You must not share PIN and OTP with anyone, as it can be used to fraudulently withdraw money from bank accounts. If you think your money is safe as you have not shared the OTP and PIN, you are wrong. Fraudsters can actually steal money from your bank account, even without you providing OTP and PIN.

How can I transfer money from my debit card to my bank account without OTP?

After login, click on My Accounts & Profile and open Profile section. Next screen, click on High Security Options. Enter your Profile Password. And now select “NO” in Enable High Security for Inter & Intra-Bank beneficiary, Credit card (VISA) beneficiary, IMPS and International Funds Transfer transactions.

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Can I do transaction without OTP?

Yes. There is no need of PIN/OTP or any other type of password to make any payment from any credit card. To know the reason we need to understand the process of the payments through credit cards.

How can I send money through my debit card only?

  1. Add money to you digital wallet on the MobiKwik app using your credit or debit card.
  2. Tap on ‘Transfer money’ feature on the app. Find ‘wallet to bank’ in transfer money.
  3. Add beneficiary name, account number and IFSC code and click continue.

Can we transfer money from debit card to bank account?

Add money to your wallet using your ATM Card or Net Banking or Credit card etc. In the Send money to the bank, tap on the Transfer button. On the Transfer balance to the bank page, Enter the beneficiary details (like Account number, name, IFSC Code and amount) and tap on Proceed and confirm the payment process.

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How do you transfer money to a debit card number?

Steps for Sending Money to a Debit Card

  1. Sign up for an account. There are very strict laws regarding sending money anonymously.
  2. Enter the amount to send.
  3. Choose a delivery method.
  4. Enter your account information.
  5. Choose a funding source.
  6. Review and send.
  7. How it works.
  8. What are the benefits of using debit card deposit?