Thursday, August 3, 2017

Do you Feel Secure while Paying Through Online Payment Apps?


Easy payments platforms, wallets, introduction in the global market were facilitated because of the increasing global popularity of mobile payment methods. People use wallets apps for making online purchase at petrol pumps, shops and online shopping. But is it secure enough to share our essential data with apps that share our information with third party apps?
Span of online pay apps
As according to Research and Markets, though the payments apps were first launched for test by tech giants as Apple and Google in U.S. and Europe but the apps are not a huge success in those markets while in Asia-Pacific makes the most use of wallet apps for payments, signifying the growing trend of wallets usage in developing countries than in developed nations.
Security A report by Qualcomm states that the payment wallets available in India are not fully secure for transactions. India is an important region in Asia-Pacific that recently saw the surge in wallets payments after the demonetization of currency requires the need to address their issues.
Since payments are to be made, we would like to suggest some measures to make your payment transactions safer.
1! Never download apps from anonymous locations. Yes, it’s known to all of us but it has to iterated and cannot be neglected. You always have to make sure that you download from your respective app stores. In Ios devices installing from other stores is nearly impossible but in android it easy. As secure wallet apps for android are rare and do not enter your bank details immediately after installing.
2! On the address bar always look for the “https” connection. The “s” stands for secure and this guarantees that the data is transferred between the sender and the receiver only.  Accessing sites through mobiles is risky business as complete info cannot be accessed for good so it’s better to wait till a computer or a laptop is in your reach.  Having one you can go for any our business.
3! Protect your device. Setting up a password to lock your device instantly can work against thefts. Just as a friend’s of yours eat up your data packets using Wi-Fi, similarly it would be really killing if your money is gulped up by goons. Even though you may be forgetful and don’t use passwords to protect you have to work upon it to protest your hard earned money.
4! Use secure connection. Never go for free and public Wi-Fi and especially when going to send personal data over the connection. Using these networks hackers actually use your device’s IP to access your passwords. A personal Wi-Fi connection is the most secure way to transact you business. At the same time a 3G or 4G connection may compromise on security since a large users using same bandwidth. Even though you may use a secure wallet app for iphone to keep your data secure, the carrier may compromise on security.
5! Search for the apps on the store but don’t just download it, analyze the ratings and reviews awarded to the app, check them properly, learn about the drawbacks & advantages and then go for it. Since you are dealing in money any haste can cost you.  
6! Tracking your bank accounts status and transactions regularly is always a good move against any irrelevant activity. As soon as you track any suspicious activity don’t hesitate to act. Also keep logging in and changing your passwords periodically as this is the best recommended move to check on thefts.

These are some basic tips which are really effective to protect important personal data. Use these while accessing your social profiles if you really feel that your social accounts can affect.


No comments:

Post a Comment