Tag: payment apps

E-payment & Security, Technology

77% of payment apps are not safe from malware data exfiltration attack

November 1, 2023

Via: Business of Apps

Mobile payment apps have become vital for seamless financial transactions, revolutionising money management. By 2025, experts predict over 4.8 billion digital wallets and transaction values exceeding $16 trillion by 2028. However, security is a growing concern amid rising cyber threats, […]

E-payment & Security, Technology

Visa Solves the Compatibility Problem among Payment Apps

April 11, 2023

Via: EcommerceBytes

It can be inconvenient if you want to send money from your PayPal account to someone who uses a different digital payment app. Visa is looking to become a sort of middleman and solve for the compatibility problem with “interoperability”. […]

E-payment & Security, News, Technology

US bans WeChat Pay, Alipay and six more Chinese payment apps

January 6, 2021

Via: Apple Insider

The Trump administration says that Chinese payment apps, including WeChat Pay, are a threat to national security. By Executive Order, all US transactions with these apps must cease within 45 days. President Trump has issued an Executive Order banning US […]