5 Tips for Mobile Payment Data Security

The popularity of mobile payments is on the rise. Currently gathering strength to become one of the hottest trends in business and commerce, analysts expect a staggering $700 billion in mobile transactions just in 2017 alone. Accepting mobile payments is a great way to grow your business and tap into this burgeoning trend, but as mobile payments become more ubiquitous, so too does data theft and fraud. To protect your business and its customers from the rising threat of cybercrime, take some time to review your security procedures and implement the following critical tips.