This should be far more secure and privacy friendly than a Sim card of a cellular connection. Why isn’t this done more often? What are the Pros and Cons. I bet the price is similar as well.

  • delirious_owl
    1·
    2 months ago

    Oh, right, their closed source app. Thats allowed. So it requires a phone.

    So the OTP is still transmitted to satisfy the requirements of PSD2. But TOTP (a more secure system that doesn’t transmit the OTP at all) is not allowed.