Transakt provides two-factor authentication on your mobile phone, protecting you from phishing attacks and other online fraud by uniquely linking your mobile phone to your account (at a bank, for example). The app encrypts all communication between your device and your account provider (e.g. the bank). Multiple accounts from different providers may be added.

On installation, the app will request permission to use your mobile’s camera for scanning QR codes. To activate an account in Transakt, you will need to scan a QR code (or enter a sign-up code) given to you by the account provider. Each account provider has their own activation policy, over which Transakt has no control. Please contact the account provider directly should you experience any issues activating an account.