Sammual Longman    &    30-November-2021

Ways Through Which You Can Ensure The Safety Of The Mobile Wallet Transaction 

 

Cashless transaction is one of the best methods through which the person can make payments; just after the demonetization, it was the strategy of the government in India to let people be introduced to the new technology of online cash. People have also considered choosing best crypto wallet where they can invest in crypto. And that is why mobile wallets started to emerge; in the starting people were not aware of that, but with time things have changed, and they started using the software crypto currency wallet. Now, during the pandemic, people start using the mobile wallet as they get to know about the benefits it can offer them.

With the emerging or rapid increase in the usage of online wallets, there has been a serious concern related to that, which is regarding the safety of the transaction. There are many hackers online who can get access to your mobile wallet and misuse their information. That is why a person needs to make sure that the transaction that they are doing is secure and safe.

Things to consider…

There are a few things that you can consider or important points that you can keep in your mind while using the mobile wallet which will help you in ensuring the safety of the wallet and transaction, and those things are mentioned below-

Install malware scanner on your mobile

If you do not want anything bad to happen to your device and want to ensure that the transaction you are making is safe, it is important for you to install the malware scanner or antivirus in your system. It is because it will help you keep your system safe and will not allow any kind of virus to affect your personal information.

Download application only from a trusted source

There are so many applications that a person have to download, and when they do so, it is important to make sure that they are not using any source which is not safe. If you have an android phone, it will be better if you download that from the Play store because you will get the trusted applications only from there.

Say no to public Wi-Fi

If you are at some public place and using their Wi-Fi, then better to avoid that because hackers can scoop into the connection and steal all the information related to your wallet. If you are going out, it will be a better idea if you will use the Wi-Fi hotspot from the trusted platform or even use the Wi-Fi adapter. The same applies to your Bluetooth connection; it will be better to keep that off if you are not using it because if it gets in contact with others, that might be dangerous.

Maintain confidentiality of your wallet

Another thing you need to consider is maintaining the confidentiality of your wallet that you can do with proper security from your phone. You should never give the OTP to anyone or a third party if you are not making any transaction. There will not be any kind of different form credit card limit or debit card balance, so maintain the confidentiality of all your information.

 

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