Watch out for these risky behaviors in “scan” and “face swipe” payments

2022-05-19 0 By

With the rapid development of mobile payment, we can now easily “pay” by simply scanning a code or face.So, what security issues should be paid attention to in mobile payment?China UnionPay, together with 17 commercial banks and related payment institutions, launched the 2021 mobile payment security survey in September last year, and released the survey report on January 25, 2022.Where is mobile payment used the most?The feedback data of the interviewees shows that mobile payment has basically covered the main consumption scenes of people’s life.Among them, the more active shopping malls, convenience stores and restaurants in large physical merchants;Public payment (water, electricity, coal, network fees, etc.);Small physical stores such as vendors, vegetable farms and fruit shops;Transportation (subway, bus, taxi, plane, train, etc.);Comprehensive e-commerce platforms, covering more than 60% of respondents.In addition, community group-buying business continues to expand in 2021, with the proportion of respondents increasing by 11% to 29%, and urban residents benefiting more, accounting for 31%.Which mobile payment authentication method is more commonly used, biometric or password?Among mobile payment authentication methods, biometric identification methods such as fingerprint and face brushing are the most recognized, and their usage rate has surpassed that of digital password authentication.In terms of age, people over 45 years old prefer password payment, while people under 45 years old prefer biometric identification such as fingerprint and face brushing. In particular, 75% of young people aged 18-24 use biometric authentication, nine percentage points higher than the average level.About 30% of the respondents used dynamic verification code to verify their identity, and 35% of them were 46-55 years old, 6 percentage points higher than the average level.What risks do you take in the process of mobile payment?The survey found that “setting payment passwords to be the same” was the highest among all risky mobile payment behaviors, unchanged from last year (26 percent).The second is “scanning qr codes with promotions” (22%), an increase of 7% compared with last year, among which college students deserve special attention, accounting for 28% of such risky behavior.In addition, the proportion of individual risky behaviors also shows an increasing trend. For example, when logging in to websites or apps, people are used to setting “remember password, automatic login”, etc.The survey found that the average mobile payment user had two unsafe mobile phone use behaviors or habits, and the proportion of well-behaved users (indicating users with no risky behaviors) was 32%.Attention!Prevent “fraud” to accomplish these three “no”!No!– Do not engage in trading, lending “bank card” illegal activities.Do not buy, sell or rent your mobile phone cards, personal bank cards, corporate accounts and settlement cards, as well as accounts on third-party payment platforms such as wechat and Alipay to criminals.No!– Consciously boycott virtual currency activities.Virtual currency is not allowed to be issued on or off the market in China.However, cases of illegal fund-raising, fraud and pyramid selling using virtual currency belong to new types of cyber crimes, and it is difficult to prove and trace back.Investors must be wary of investing in areas they are not familiar with;Remember that “pie in the sky”, don’t be deceived by greed.No!– Don’t trust the information you receive.For the elderly to prevent fraud can be found in time and play a dissuasive role is mainly relatives and children.It is suggested that the elderly should contact their family members and report the process in time when they encounter strange phone calls involving money transfer and remittance. If they cannot get in touch temporarily, they can consult the public security organs and community committees.Source: CCTV News