Thats still smaller when the entire population is considered. Also lack of security will erode the trust in digital banking which is terrible for a developing country like ours
Now I'm confused :) Are you arguing for better security than OTPs, or against?
My claim is that OTPs aren't secure enough; the skimmer example was to illustrate that thievery in India can also employ technical sophistication, and hence that "secure technology" isn't much of a barrier against a sufficiently motivated set of actors.
My claim is that OTPs aren't secure enough; the skimmer example was to illustrate that thievery in India can also employ technical sophistication, and hence that "secure technology" isn't much of a barrier against a sufficiently motivated set of actors.