Preventing fraud with digital payment systems

mobile commerce payments smartphone shopping

Mobile payment systems have gained a bad reputation due to past issues with identity verification. However, in recent years digital security has significantly improved and is now more secure than manual store methods. Digital payment technology is advancing at a very rapid pace and can provide users with tools through third party applications that can be used for anything from transferring money to processing payments. Identity Verification Tools Electronic signatures allow you to sign contracts via your tablet and smart phone from home. Processes like this present security concerns; however,…

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