Demonetisation of Rs. 500 and Rs. 1000 notes has resulted in mass adoption of digital payments solutions, including mobile banking, electronic banking, and mobile wallets. This means that a lot of people are now using their mobile devices to transact electronically for the first time, and it’s not just an occasional use but the primary means of accessing their finances.
But once you download an app, how will you make sure it is secure? Most banking apps are secure, and do use strong encryption techniques, there is a lot you can do as well to make sure that you do not fall prey to hackers and compromise your financial apps. Here are 6 things you can do to protect your mobile banking and wallet apps.
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