An OTP scam is a type of fraud where scammers trick you into revealing your one-time password (OTP). OTPs are unique codes that are sent to your phone or email to verify your identity when you log in to an online account or make a payment. How do OTP scams work? Scammers can use a variety of methods to trick you into revealing your OTP, such as: Phishing emails: Phishing emails are emails that look like they're from a legitimate company, such as your bank or credit card company. The email may as