Many of the new m-wallet products are safe and secure because confidential information in a user's wallet is stored on the mobile device.

Name: Many of the new m-wallet products are safe and secure because confidential information in a user's wallet is stored on the mobile device.
Brand: Quizplus
Rating: 4.7 (42 reviews)

Question

Quizplus · Accepted Answer

Storing confidential information directly on a mobile device can pose security risks, as devices can be lost, stolen, or hacked. Secure m-wallets typically use encryption and tokenization to protect data.

Many of the New M-Wallet Products Are Safe and Secure