Then, as an added step of security, there will be a one-time password sent to your phone or to your email that you must enter as a second password. On a website that you have to log into such as an online bank or credit card company, you will often use a standard password. This is a step in two-factor authentication when you log into a website or process a transaction. First, it can stand for one-time password. OTP can stand for a couple of different things. Knowing all of the options and how they’re different can help you use OTP correctly in your daily life! What Does the Acronym OTP Mean?
OTP can have a ton of different meanings and uses.
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