The difference between transaction password and SMS password

As the name implies, a transaction password is a password set for a transaction.

On the bank card, it is used to transfer securities from the bank when transferring bank securities. Fund password: opposite to bank card password, used to transfer money from securities to banks.

The transaction password of bank card generally refers to the payment password of online U shield, electronic cipher device and electronic bank password card, and refers to the withdrawal password on ATM.

? As a convenient and safe dynamic password form, SMS password is widely used in banks, securities, third-party payment, large enterprises and other scenarios. Shanghai Ningdun is the only manufacturer in China that provides the overall solution of SMS password. The advantage of dKey SMS password authentication scheme is that it can be provided to large customers, such as operators, to meet the needs of a large number of users and complex users. It also provides a safe, convenient and economical solution for small and medium-sized enterprises. ?

? Short message password requests a dynamic password containing 6 random numbers in the form of mobile phone short messages, which is also a form of mobile phone dynamic password. The identity authentication system sends a random 6/8-digit password to the customer's mobile phone in the form of short message, and the customer enters this dynamic password when logging in or authenticating the transaction, thus ensuring the security of the system identity authentication.