Patent ID: 11991167

Abstract:
A method and system for creating and transmitting a rich one-time password (ROTP) message are provided. The ROTP message comprises a one-time password and a brand identity, and optionally a button to confirm a transaction, and a button to report a potential fraud. The method employs a rich one-time password application (ROTPA) to create and transmit the ROTP message to a user device using rich data messaging platforms, such as Rich Communication Services (RCS), WhatsApp, iMessage, Viber, etc. The user conveys the confirmation of the transaction by selecting the “confirm” button, or by responding with “Confirm”. The transaction confirmation helps authenticate a user transaction and/or a user login. The user conveys the potentially fraudulent activity to the ROTPA by selecting the “report fraud” button, or by responding with “Report Fraud”.