There are instances when a business or organization thinks that they include all the security that they require on their network or website. For example, if you have ever used PayPal account to reimburse something, you will find out that they have steps in place to assure that everybody is who they articulate they are. This is known as two-factor authentication. The user will be checked and so the website.
Banks are very well-known for having two-factor authentication. One of the methods they keep it into use is with establishing a new payment. Even though you are logged onto their representative website and you have fed the proper detail, they will still take you via additional checks to ensure you are an individual doing the payment, not a hacker.
E-commerce websites also require two-factor authentication. There are many websites that run on the platforms such as WooCommerce, OpenCart, Magento, etc. and use SMS as their marketing channel, thus to secure their transactions they need this kind of authentication. On the other hand, OpenCart SMS extension is one of the best techniques to promote your e-commerce business as well as to make huge income.
If you run a business and you need a website where your users can log on and go through their account, then you should consider using two-factor authentication. Both the sides are assured that their detail is secured this way.