US EditionDigital Wallets Fall Down on Fraud Protection And Data Minimization, Consumer Reports Finds - Digital Transactions
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Digital Wallets Fall Down on Fraud Protection And Data Minimization, Consumer Reports Finds - Digital Transactions
Digital wallets provide a variety of benefits to consumers, including convenience speed, security, and record keeping, but they also pose risks for users and stand to be improved in several areas, says a study from Consumers Reports. Consumers Reports evaluated six wallets—Apple Pay, Cash App, Google Pay, PayPal, Samsung Pay, and Venmo—from May 2024 through March. The evaluation consisted of consumer research, documentation review, user interfac…
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