OREANDA-NEWS. May 15, 2014. Sviaz-Bank launched a new service, SMS Password, in the Megapay Internet Banking System for confirmation of transfer and service payment transactions.

Customers connected to this service will no longer require scratch cards of session keys to complete transactions through the Internet bank because an SMS message containing a one-time password to confirm a transaction will be sent automatically to a customer’s mobile telephone.

The launch of the SMS Password service improves significantly the convenience and security of the Megapay Internet Banking System.

Connection to the service and its use are free. A customer will only be required to visit any Bank office and write an application giving the number of his personal mobile telephone.