How secure is Mobile Phone Payment ?





How secure is Mobile Phone Payment ?

Is mobile phone payments the new frontier for criminals in UK



Yes we all have smart phones or mobile phones and the 2 main problem with phone are:

  1.  Dead battey which you could recharge-on-the -go using a mobile phone charging machine
  2. Unsecure Mobile Phone Payment

An app that lets you steal a credit card by simply waving a phone over a leather wallet on someones hand or over someones back pocket. Fortunately, it was created by a security expert to find vulnerabilities in wireless payment technologies.

By 2015, consumers worldwide will buy about 1 trillion pounds worth of goods with their phones and tablets. Apart from running out of mobile phone battery or recharging your phone battery using a mobile phone charging station, the expectation is that fraud will account for 1.5 percent of all mobile phone payment transactions in four to five years, says Avivah Litan, an analyst at tech researcher Gartner

Only a few UK consumers have tried mobile payments and research shows that nearly over 70 percent of mobile phones are not password-protected. Most UK Parents also allow their children to play with their phones without considering that they may download some bit of malware without realising the risk they may entail given the data stored on their mobile device.”


Criminals can access a mobile wallet by stealing the handset or by tricking you into downloading a piece of malicious code however, while Banks and mobile-payment providers are scrambling to build and buy better defenses. “There is lots of investment into solving this problem

Getting the technology right is simpler than figuring out how to divide responsibility for fraud detection and apportion losses when fraud has taken place. A typical transaction involves a wireless carrier, a payment service, and a bank.

Alway keep your mobile smart phone safe and with you all the time.


Contact the Team: advertising@chargezone.co.uk for Advertising or Press

Chargezone is a public smartphone recharging unit with band focused advertising. Our goals are:
• To always keep the UK public connected on-the-Go and  never running out of battery.
•To further  improve your organisation's smartphone marketing strategy

Comments

Post a Comment

Popular posts from this blog

Is This Really The Evolution Of How People Plan To Use iPads ????

Image
Follow @chargezone 3 Reasons to Like and follow Chargezone   ( www.chargezone.co.uk ) 1. Regular update on where you can charge your phone using twitter and Facebook. 2. It is great because we are here to keep you connected with family, friends and clients on the Go. 3. Your support means a lot to Chargezone and you could win a T-shirt,gifts, iphone 4s and an iPad HD see ( www.facebook.com/chargezone ) details coming soon. www.chargezone.co.uk The Public Smartphone Charging Media  with Brand Focused Advertising Follow @chargezone
Read more

How UK and European User can repair an iPhone and iPad screen the less expensive way

Image
iPhone and iPad screen repair for UK and European User the less expensive way      99.95% of the UK population have smartphone or iPads while about 90% of Europeans have either and iPhone or iPad. We could recharge iPhones or iPads on the go using a mobile phone charging station but what do we do to repair a damaged screen on the iPhone or iPad Smartphone screen repair after scratches or cracks can often be very expensive with the advent of much larger, delicate screens on smart devices like iPhone or iPad, cracking, scratching or breaking the screen happens very often. Here we bring you how  to fix your screen the less expensive way or you can get a robust iPhone 4/5 case, Samsung S3 case   or iPad case on special offer. Disclaimer: - Proceed with caution Grind/sandpaper the screen This approach involves grinding the scratches out using fine sandpaper or a dedicated sanding drill attachment. You can also buy dedicated drill grinders to ...
Read more

How Location Based Services Are Transforming UK Businesses and The Mobile Industry

Image
Follow @JobAgency Location Based Services Are Transforming UK Businesses and The Mobile Industry With millions of GPS-enabled smartphones and tablets in the UK, location data has begun to permeate the entire mobile space in the UK. It is also powering advertisements, promoting locate businesses and many other services/ mobile phone application. The possibilities for location-based services on mobile and tablet pc have now gone beyond consumers-facing applications and local UK businesses promoting services. Location-enabled mobile ads have generated excitement in UK, especially in London , It have also boosted engagement for apps and mobile phone charging stations in the UK This is how location-based data is transforming the mobile ecosystem in the UK: •  Location enabled mobile ads : have generated excitement for their effectiveness and the impressive prices they command. The simple fact of a user being physically close to a business, within two miles ...
Read more