Security of digital payments, wallets needs attention
Voice and Data|February 2017

Post demonetization, there has been a monumental surge in digital transactions in India. As per report, wallet payments have soared by 300% after November 8, 2016 and some of the transactions statistics are an eye opener.

LV Sastry
Security of digital payments, wallets needs attention

The number of e-wallet daily transactions has shot up from 1.5 million to 7 million transactions per day, and, in value terms daily from ₹ 500 mn to nearly ₹ 2 billion. While all this is happening, in a rare incident, the largest player in the market recently had to approach enforcement agencies for a hack and defraud perpetuated. While the details are still under investigation, needless to say, security of digital payments and wallets is now a paramount concern.

Diese Geschichte stammt aus der February 2017-Ausgabe von Voice and Data.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der February 2017-Ausgabe von Voice and Data.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS VOICE AND DATAAlle anzeigen
Cloud endoscopy breakthrough for real-time remote diagnostics
Voice and Data

Cloud endoscopy breakthrough for real-time remote diagnostics

NTT Corporation and Olympus Corporation have demonstrated the feasibility of real-time remote diagnosis and treatment using the world's first endoscopy system powered by IOWN All Photonics Network (APN) technology. The breakthrough experiment successfully processed endoscopic videos on a server located 150 km away, overcoming latency issues and enabling seamless diagnostics.

time-read
1 min  |
December 2024
Rise of the homegrown telecom infrastructure
Voice and Data

Rise of the homegrown telecom infrastructure

Telecom infrastructure, once led by US and European designs and made in China, iS Now increasingly designed and manufactured in India, marking a pivotal shift

time-read
4 Minuten  |
December 2024
Balancing innovation and regulation for a connected future
Voice and Data

Balancing innovation and regulation for a connected future

Crafting agile governance ensures equitable, sustainable growth, blending innovation with societal protection in a hyper-connected digital age

time-read
4 Minuten  |
December 2024
Driving transformative shifts towards digital leadership
Voice and Data

Driving transformative shifts towards digital leadership

India's telecom sector, driven by 5G, bold policies, and cross-sector collaborations, is paving the way to global digital infrastructure leadership

time-read
3 Minuten  |
December 2024
Scaling AI in data centres for the next big leap
Voice and Data

Scaling AI in data centres for the next big leap

GPU-optimised data centres are vital for advancing India’s Al ambitions, enabling it to meet growing computational demands and maintaining global competitiveness

time-read
2 Minuten  |
December 2024
Bridging gaps with AI's transformative communication wave
Voice and Data

Bridging gaps with AI's transformative communication wave

AI-driven real-time communication reshapes industries, enhancing connections, operational efficiency, and immersive experiences in a digital-first world

time-read
3 Minuten  |
December 2024
Weaving the fabric of CDN efficiency
Voice and Data

Weaving the fabric of CDN efficiency

Local peering transforms CDNs by cutting latency, boosting reliability, and ensuring seamless, high-speed delivery for modern digital experiences

time-read
6 Minuten  |
December 2024
From orbit to opportunity: Redefining connectivity
Voice and Data

From orbit to opportunity: Redefining connectivity

India's satcom sector is set to revolutionise connectivity through hybrid networks, bridging the digital divide and driving innovative technologies for growth

time-read
3 Minuten  |
December 2024
Orchestrating telecom's smart future
Voice and Data

Orchestrating telecom's smart future

AI and automation can revolutionise telecom networks, crafting intelligent, selfoptimising systems to meet future demands and deliver seamless connectivity

time-read
4 Minuten  |
December 2024
Unlocking the true potential of IoT
Voice and Data

Unlocking the true potential of IoT

Specialised silicon and 5G are set to redefine loT's future, driving AloT innovations that deliver real-time intelligence, security, and seamless connectivity

time-read
3 Minuten  |
December 2024