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How Safe is Your Mobile Wallet?

How Safe is Your Mobile Wallet?

When you whip out your smartphone to transfer money, deposit a check, or “tap” it on an electric reader to buy milk at your local 7-Eleven, do you ever wonder how secure it is? The good news is, using your phone as a “mobile wallet” is largely considered safe. In fact, some experts argue the security of mobile payments is on par with online banking, with the added layer of password protection.

Published Apr 13, 2011.
Read more: FOX Business

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