What is TPIN Full Form in Banking?
The TPIN full form in Banking is the Transaction Personal Identification Number. This is a security credential used by bank customers to verify transactions. It adds an extra layer of security to login credentials and is required for authorizing transactions via mobile apps, internet banking, or other banking services.
Why is TPIN important in the banking sector?
The transaction personal identification number is important for the bank and its customers, as it serves as an additional layer of security before making money transactions. TPINs provide safe and authenticated transactions across banking platforms, protecting customers and preventing unauthorized access to account information and funds.
Is it possible to retrieve the TPIN?
The customers of the bank will also be able to recover this password if they have forgotten it, or if it has got reset. The recovery process involves the confirmation of identity through the CIF number and through the OTP that gets received on the registered mobile number of the customer. They can also resort to different methods to recover the TPIN, such as through a debit card or by visiting the bank branch, etc.
- The TPIN Full form in banking is a telephone personal identification number.
- The TPIN Full form in banking is Transaction password
