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⍰ ASK What is the purpose of incorporating 2FA in EMIs?

EMIs implement an additional layer of security known as two-factor authentication (2FA). This technique verifies a user's identity by requesting two distinct forms of information, such as a password and a unique code sent to their mobile device or email. By incorporating 2FA, EMIs effectively mitigate the risk of unauthorized access to a user's account, even in the event of a compromised password. While optional, it is strongly advised to enable 2FA for enhanced security measures.
 

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