Prabhukumar R, thank you for taking the time to reply. However, this doesn’t address my post at all (or possibly misunderstands it). I was responding to the discussion going on above my post, not posting about an issue I have.
AxCrypt’s password manager stores user passwords on your servers. It may not store the master password, but the discussion above me had been about encryption vs access control as the basis for AxCrypt not supporting 2FA. I would expect that an online password manager would also check whether I am who I say am, because I’m accessing remote online data, not my local files. All major online password managers support this. The offline ones don’t, and that makes sense, but AxCrypt’s password manager is not an offline one, is it?