About the Mobile Payment Security Software
Due to the growing instances of theft of confidential financial data, a number of customers are adopting mobile payment security software for mobile devices. This will prevent fraudsters from gaining access to credit and debit card details as the entire payment transaction requires authorization between the merchant’s acquirer and issuing bank.
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The rising adoption of m-commerce and mobile banking is likely to increase the adoption of mobile payment security software. There is also a growing need to secure personal financial information among users, which is fostering the growth of the market.
global mobile payment security software market to grow at a CAGR of 23.7% during the period 2016-2020.
• CA Technologies
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Key questions answered in this report
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