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Digital is safe say service providers

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“The question is whether the ecosystem is safe, and secondly, whether users are aware/educated to take all the necessary precautions. A vast majority does not know about digital payments and therefore are vulnerable to fraud. Fraud risks to the m-commerce industry can be classified into three major categories---people, processes and technology.”

Samir Paranjpe
Partner, Grant Thornton Bharat LLP

This article appeared in My Digital FC on 02nd December, 2016.