Mon, Nov 16, 2015, 06:57 AM
Mobile payments offer layers of security unmatched by mag stripe cards, seriously reducing the instance of the sort of credit card fraud that now seems to be a weekly occurrence. When debit or credit cards are swiped at retail store then name and debit or credit card number stays with the retailer. During mobile payment transaction, a temporary card number is generated. After the transaction, the temporary card number is useless.