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Do you think mobile payment apps are safe?

March 12, 2012

They’re new. They’re hip. They’re fast! Mobile payment apps are simple to use. They work by just waving your phone at the cash register and you can pay for your latte, your lunch and even merchandise in seconds.

There’s no signing a credit card charge slip, or getting asked for identification. While that’s quick and convenient, it has security expert Hemanshu Nigam worried.

“None of that is required so that’s a huge security risk.”

via Mobile Payment Apps: Safe or Sorry? | Business 2 Community.


From → Baby Boomers

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