A recent spate of scams involving QR code mobile payments in China has sparked calls for the authorities to “do more to protect consumers”, according to the South China Morning Post. “By replacing legitimate merchants’ codes with malevolent copies, fraudsters can gain access to consumers’ data and even raid their bank accounts,” the report says. “The proliferation of this type of crime has been made possible by the explosion of mobile payments in China.”
- Meet NFC World’s partners at Mobile World Congress
- Survey: India now has a higher percentage of citizens with a mobile wallet than China
- Alipay users sent red packets worth $79m during Chinese New Year
- Apple Pay users doubled in 2017 to 127m, says top analyst
- Six more Amazon Go stores to open this year?