Stereotype #01: mobile payment is less secure. What happens to my personal data?

Charles, Doctor: “mobile payment is less secure. What happens to my personal data?”

Eli BOMAJED : “Yes, the data is secure, even more than with a classic transaction. Mobile payment preserves advantages of the card without communicating to physical and online merchant the banking details, and therefore the card number. For instance, the paylib contactless payment is securing single-use payment tokens, and you have to input on your mobile the chosen secret code that is modifiable at any time (or you biometric fingerprint for compatible smartphones). Lastly, as long as the mobile is in sleep mode, nobody can initiate a contactless transaction. It is as secured as a plastic card protected in a special case.”

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