Don’t pour money into SMS OTP

Ever heard the saying, “Money doesn’t grow on trees?” While we all know that’s true, many businesses find themselves spending revenue in places they’d rather not – like with SMS OTPs.

Switching to passkeys helps grow your money tree by cutting thorny SMS OTP fees out. They offer a seamless customer experience, improve lifetime value (LTV) and are MFA compliant.

Get the guide and learn why you should optimize your sign-in experience.

Hidden costs of SMS OTP

It doesn’t matter what industry you’re in, if you’re using SMS OTPs, you’re getting hit both with the OTP cost, then with any additional OTP costs due to failed or incomplete logins your customers might make. In fact, SMS OTPs have a 20% failure rate, allowing providers to double dip on the transactions costs you’re incurring.

See passkeys in action


Calculate your savings


Passkeys overcome SMS OTP challenges

2x

faster sign-ins

50%

reduction in total cost

100%

phishing-resistant

4B

devices ready

What SMS Providers Don’t Want You to Know

Let’s look at the report card. In every category, passwords cost more, deliver poorer experiences and come with an array of security risks. Passkeys, on the other hand, not only solve for these challenges, they’re able to turn several of them into opportunities for your business.

 

Discover the difference

Gamingtec case study

Average sign-in times:
• Trusona: 14s
• SMS OTP: 23s
• Email OTP: 30s

First-try sign-in success rates:
• Trusona: 100%
• SMS OTP: 94%
• Email OTP: 92%

Read the case study

Want to learn how to cut your costs?

Discover how you can cut SMS OTP transaction costs in half.

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