India’s Paytm is Animation Archivesmaking its digital wallet more secure for users.
The company said Thursday it is introducing an app-level password feature for Paytm wallet. Once enabled, a user will be required to enter the passcode before they can access Paytm wallet and send money.
SEE ALSO: India's Paytm announces toll-free mobile number to serve offline usersThe feature, available exclusively on the Android app for now, requires a user to first turn on the bare minimum security on their phone, and then update the Paytm app. Once done, the app would prompt the user to add a password, or pin, or pattern or use fingerprint. It's an optional security feature.
Though the company is positioning the new feature as its continued focus to make Paytm services more secure, the rollout comes days after several users pointed out a potential vulnerability in Paytm.
Original image has been replaced. Credit: Mashable Many had noted that some users don't hesitate in handing away their unlocked smartphones to their friends or even strangers in some cases. This potentially exposes their phones to someone who might misuse Paytm (that is if the app is installed).
Furthermore, there are many users who don't have any kind of passcode on their phone, making it possible for anyone to get hold of the device and use Paytm. The company says it will soon introduce a similar security option on Paytm's iOS app.
Digital wallet apps have been in the limelight in India lately amid the country's major demonetization move. With millions struggling to obtain paper bills, apps such as Paytm and MobiKwik have reported astronomical growth in transactions and new downloads. The companies are scrambling for new ideas to tap the country's large underserved market.
Topics Cybersecurity
(Editor: {typename type="name"/})
They met on Tumblr, and their relationship outlasted their accounts
Nokia Android phones are coming early next year
Puppy finds adorable way to clean his pee puddle
Arrow 100th episode crossover brings back old favorites and foes
Wordle today: The answer and hints for February 13, 2025
In Paris Agreement speech, Trump never acknowledged the reality of global warming
As a candidate, Donald Trump said climate change was a hoax, and made fun of Democrats who ranked it
...[Details]
Twitter Moments just got even easier to use
Twitter Moments just got a whole lot easier to make. The feature that lets Twitter users collect and
...[Details]
These striking photos showcase Australia's unique ecology
Australia's unique ecology and environment arguably make it quite the easy place to photograph.It's
...[Details]
Starbucks releases hot baked apple lattes and Frappuccinos for Christmas
It's starting to smell a lot like Christmas in Japan.Starbucks on Thursday released its latest festi
...[Details]
E3 2017 Trailer Roundup: Upcoming PC Games
Although E3 doesn't start until June 13, many developers have already released new trailers for thei
...[Details]
These online maps are tracking the outbreak of violence and harassment in America
It has only been three weeks since Donald Trump won the election, but in that time, harassment and h
...[Details]
Check out Alan Tudyk, Nathan Fillion in new trailer for Comic Con HQ series 'Con Man'
LOS ANGELES -- Miss San Diego Comic-Con already? Con Man has got you covered.The show, which debuts
...[Details]
YouTube musical comedy group The Gregory Brothers launch new series
The Gregory Brothers, a musical comedy group best known for their popular YouTube Songify the Newsse
...[Details]
Amazon Kindle Paperwhite Kids: $139.99 at Amazon
SAVE $40:As of Feb. 17, you can get the Amazon Kindle Paperwhite Kids for $139.99 during Amazon's Pr
...[Details]
This artwork combining Superman and Facebook is so on point
LONDON -- Ever wondered how Superman would keep his identity a secret in the modern days of technolo
...[Details]
Then and Now: 5 Generations of GeForce Graphics Compared
Reddit's Trump trolls are freaking out—and they're right
接受PR>=1、BR>=1，流量相当，内容相关类链接。