saib token 4.28.14

The Saib Token serves as a security application designed specifically for Saib's Internet and Mobile Banking clientele, enhancing the safety and convenience of their online banking activities. Upon activation, the Saib Token generates a One-Time Password (OTP) necessary for authorizing banking transactions. Each OTP produced is single-use and has a limited validity period, contributing significantly to transaction security.

Key security features of the Saib Token include:

• User-defined PIN for personalized access
• Online token activation process
• PIN is neither checked nor stored on the mobile device
• Encrypted storage for token keys to prevent unauthorized access

To begin utilizing the Saib Token, follow these steps:

1. Download the Saib Token application onto your mobile device.
2. Activate the Saib Token by logging into your Internet/Mobile Banking with your account credentials (Username & Password), then scan the QR code to enable your soft token.
3. Establish your PIN, allowing for the generation of OTPs as needed.