Mobile devices have become a crucial part of our life. Millions of gadgets are all used for browsing, shopping and mailing at each moment all over the globe. Many app development companies rival for bigger audiences and do their very best to supply customers with convenient and efficient solutions. 

Why are we enthusiastic about payments? 

The possibility of using your mobile phone for payments brings a whole lot of advantages. First, mobile apps with debit and credit cards added significantly simplify and speed up payment transactions. Second, e-wallets these days are essential for online buying. Third, using smartphones customers are not as inclined to run out of cash on their debit or charge cards. Nobody likes wasting time, and mobile payments may save time for customers. Additionally, mobile payments are effortless, stress-free, as well as fast. Mobile transactions are becoming something that is always at hand. Besides being comfortable, mobile payments are also a lot more secure. 

Choosing a platform for their own gadgets, users consider the settings that are more preferable to them, make it a custom-friendly desktop computer or how an app interacts using debit or charge cards. Surveys show, however, that a number of users think about their data security when picking out the program for their mobile payments. 

Security concern 

With unsophisticated solutions, how frequently do security concern flash across your mind? Traditional security systems and processes, such as firewalls, encryption, and constant AV database updating aren't powerful enough to restrain mobile malware. And users themselves may even be inattentive and somehow sabotage the app's work. Let us take a peek at the common security risks that payments are subjected to. 

Smartphone loss 

It's like losing a credit card. If a smartphone isn't equipped with the latest security attributes, such as fingerprint verification, it may function as a guide to the user's personal life, including card numbers and other payment details. So, if a smartphone has been stolen or left unattended, its owner could suffer a lot more than just from a device loss. 


Hackers use malware to seize control mobile computers and devices and get all the valuable information stealing passwords and card numbers. Devices are typically infected with malicious software when users click the links sent by offenders. So, if the device's or the app's security system is vulnerable, hackers will surely take advantage of this circumstance. 


The risk of personal data theft is modest, but nevertheless, it is. When the user adds a card to the mobile wallet, the card number is encrypted in the code. Moreover, most mobile payment platforms use random payment tokens to guarantee that the whole card information aren't readily available to the third party. When the card is inserted to the wallet via public Wi-Fi systems However, the danger of losing card information grows. Cybercriminals create fake registration systems, and poor users fall into their traps. 


Negligence is last but not least among risk factors. Users are not always careful reporting passwords to the third parties. Also, a great deal of people tend to use the same password for social networks and payment systems. This carelessness jeopardizes mobile transactions. 

How to avoid the Dangers 

Surely negligence as a lesser evil doesn't require solutions. As for the rest of the dangers, a range of choices are available to armor mobile users from malware threat. Here are the most vital procedures that help protect mobile payment methods against external attacks. 

First and foremost download apps from the official app store simply and always make sure the phone settings don't allow the installation of unapproved apps. Check that all transactions are safe enough by confirming that card providers have procured their mobile wallets. To be able to prevent external intervention, never use public Wi-Fi links for payments and don't click on dubious links. 

Trust the systems that could block your mobile wallet through ID accounts pages. In case your smartphone is lost, such an opportunity allows erasing the device and thus deleting all of the card details. These systems are used on Apple and Samsung smartphones and boast high security and reliability 

More radical ways of protecting mobile payment transactions are the so-called"developers' life-hacks". Developing a software key chain within the program can be the first solution. It enables a higher security level by ensuring that the key cryptographic key remains inside the app. Another solution would be to fortify the mobile wallet using the code which makes the app self-defending against an external threat.


Mobile devices considerably simplify purchasing, and mobile payment systems have won the hearts and minds of millions of users. Fortunately, there are a few workable ways of combating the growing amount of risks related to mobile payment technologies. Given that those risks may ruin mobile payment experience, users, care providers, and custom mobile app developers should cooperate to be constantly prepared to secure their virtual wallets. 

  • Write By: demo
  • Published In: Gadgets
  • Created Date: 2018-06-18
  • Hits: 1216
  • Comment: 0


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