In this new age where hackers and fraudsters are on the prowl, looking for unsuspecting prey to defraud their hard-earned money, Zenith bank deemed it important to safeguard customers’ accounts. If you lose your mobile phone and your account is wiped, it would be your own undoing, because these kinds of disasters are now avoidable. One of the surest ways to avert such disasters is getting a Zenith bank token.

A token is a 6-digit code that is used to safeguard your transactions when using internet mobile banking. No fund theft or transactions can be carried out without this token. The criminal in possession of your bank details would need a token to carry out his fraudulent act. This will not be possible because the token is in your possession.

Generating a Zenith Bank Token Using USSD

Sadly, there’s really no way to generate a token for your Zenith Bank account by merely using a USSD code.

If you need a Zenith Bank token, you’ll have to visit the nearest branch to make a request. You can request either the hardware token, which is the small device that generates a token code each time you want to make a transaction, or request a soft token, which requires installing the Zenith e-token app.

The soft token comes with a big disadvantage — insecurity. An explanation for this is if you lose your mobile phone, you could as well lose your money in your account. The fraudsters easily use the token app for fraudulent transactions from your stolen phone and empty your account.

So, the best form of token generation is by getting the Zenith bank hardware token. The hardware token is a small device that generates codes for every transaction to ensure the security of your funds. It can be gotten by visiting your bank and requesting the hardware token.

Uses of Hardware Token

• It helps add a layer of security to your account to prevent theft
• It makes changing email or phone number on the app easier
• It is necessary for transactions such as Remittal
• It increases your transfer limit from the usual 1million naira to 5million naira

Now, there’s a difference between a software token and a hardware token:

The software token is an SMS code sent to the user when they want to perform internet transactions. The hardware is a physical device that generates different codes at different times for different transactions. This is a physical token generator for internet banking

Features of a Zenith Bank Token

• Extra Layer of Security

The Zenith bank software token makes it possible to authenticate or validate transactions. The problem might be that since the criminal has your phone, they could generate token codes for transactions easily. It is different from the hardware token because the thieves would have to generate the codes for their transactions on the hardware, which is not possible. This is a more reason why it is better to opt for the hardware token device.

• Online Banking

Certain things that are not possible on the Zenith bank app, are possible on internet banking. When you visit a Zenith bank branch and apply for internet banking, the hardware token will be issued to you and the charges would be deducted from your account. Internet banking helps you to do a variety of things, which originally should take you to the bank. For instance, you can make remittances online without having to go to the bank. You can also pay bills and subscribe to your cable TV without moving a step.

In the event you lose your phone to theft, you can deactivate your Zenith Bank account without visiting any zenith bank branch for this. All these can only be possible with the token device.

• Increased Transfer Limits

Zenith bank users can now perform transactions up to 5million naira per day using the Internet Banking platform as against the initial of 100 thousand naira per day. The increased transfer limit cannot be achieved without the token code.

Conclusion:

Whether or not you’re a big account owner, it is advisable to get the Zenith Bank token in order to prevent illegal funds transfer. As much as it might cost a little to get the token device, in the long run, it would be worth it. We hope that this article has done well to inform you about how to generate token code using USSD. In addition, we hope that you have learned one or two things about the Zenith bank token device.

FAQs

What is Different Between a Software Token and a Hardware Token?

Software tokens are generated using the USSD code on your mobile phone. Hardware tokens are the ones generated by the hardware token device.

What Is the Difference Between Internet Banking and Mobile App Banking?

Internet banking is banking using the zenith bank website to perform transactions. The mobile app, on the other hand, is a technologically built software, that performs bank transactions alike.

Why Should I Get a Token Zenith Bank Token Device?

You should consider getting a hardware token to further secure your account in case of theft. You can always deactivate the token device anytime you desire if you find it burdensome at any point. However, it is advisable to keep the token device as you’ll be saving your account from disasters.

Where Can I Get the Zenith Token Devices?

The Zenith token device can be acquired when you request for it at the nearest Zenith Bank branch to you. However, the device comes at a price, which would be deducted from your account on request.

How Much Does the Token Device?

The device cost N3500 as of late 2021. It might cost more right now or not.

How Do I Activate the Token Device?

• Visit Zenith Bank Token Activation
• Enter your 10-digit NUBAN account number and click
• An OTP will be sent to your email or phone number registered with your bank.
• Enter the code sent to either your phone or email.
• Remove the token device from its package.
• Turn to the back to see the zenith bank token number. A token number is a 10-digit number that is unique to each token device. No two token devices can ever have the same number.
• Enter the 10-digit number at the back of your token device without dash (-) or space.
• Enter a 4-digit pin that you can easily remember and click

You would see a confirmation message on the page if the activation were successful.