Are Digital Wallets safe?
by SMEBOOK (admin) · November 4, 2020
Digital wallets hold sensitive payment information of the user which is susceptible to hacks and unauthorised access. For instance, in case of device being stolen or leaking of card Pin or passwords, people with malicious intentions can easily access and misuse the stored information to carry out financial thefts or unintended transactions . Hence, digital wallets cannot be said to be completely safe mode of transacting.