New mobile device could make mobile payments more secure

mobile payments trends

Smartphone comes equipped with biometric technology that can scan a person’s iris Mobile payments are gaining more popularity, but this popularity is also raising concerns regarding the security of making transactions with a smartphone. Security concerns have slowed the adoption of mobile payments, causing many companies to take steps to improve the overall safety of their mobile services. In Japan, NTT DoCoMo and Fujitsu are partnering together in order to address the issue of mobile payments security, and the companies are taking a novel approach on the issue. The iris…

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