But have you ever stopped to think about what that little plastic rectangle actually does?
If you lose the device, you’re locked out of important banking functions until HSBC sends a new one (and verifies your identity by phone, which can take 5–7 business days).
: This is integrated into the HSBC Mobile Banking App . It is the more convenient option as it requires nothing extra to carry and is compatible with most smartphones .
Here’s a balanced review covering the (often called a physical secure key or digipass), used for logging into online banking and authorizing transactions.
: You can manage, add, or remove devices by logging on to online banking and navigating to the Manage my Security Device section under 'My HSBC' .