SMBC MultiCash Mobile Token

As part of SMBC Group’s commitment to online security and excellent Customer experience, we have introduced the “SMBC MultiCash Digital Token” app. The app provides significantly enhanced security features when compared to traditional OTP generating token and delivers an improved login experience through secure authentication. Further, the app allows for the “Dynamic Linking” of payments by letting approval users validate and digitally sign payment details “out of ban”, thus providing enhanced protection against fraud. When you approve E-payments, the contents are sent to the SMBC MultiCash Digital Token App for signing by the scanning of a “Cronto Image” that contains details of the payments you have selected for approval. By scanning this “Cronto Image” into your SMBC MultiCash Digital Token app, it can display the payment information and will allow you to sign them by inputting a response generated by the mobile app. This means that when the Bank receives payment orders, the system can verify that they are genuine. The App only reads the data already available to you at the time of authorisation. This data is never stored on the phone or is viewable other than when you access the app at the point of authorisation. No transaction history is ever available on the mobile device.