Learn about the five major security concerns with mobile payment systems.
With the popular adoption of Apple Pay, mobile payment systems have finally started to become commonplace. Although numerous mobile payment schemes have existed for years, only a few devices and limited number of retailers ever supported them. Now that many more consumers are interested in using mobile payments, it is important to evaluate just how secure or reliable such payment schemes are. Before you link your finances to a mobile device in order to make impulse purchases, there are five primary issues you need to consider.