Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Consumers 'will worry about security' when making bank charges online

When consumers begin making credit card charges or bank claims through online payments, a specialist has said they will become worried about the security implications of these transactions.

Head of business development for mobile wallets at Proxama.com Russell West argued these concerns will "naturally" emerge when people begin using technology that they are unfamiliar with.

For example, when phones are used to incur bank charges, he pointed out that people may think if they lose their mobile, the person who finds it will be able to make transactions "to their hearts content".

However, the specialist said access to someone's bank details can be pin-protected on mobile devices, while currently, a criminal could simply "pick out a card with a 16 digit number and security code and make cardholder transactions really easily".

Education will be needed to encourage people to become confident using these tools, Mr West remarked.

He had previously predicted the future of the online transaction sector to consist of "a consolidation of mobile-enabled, secure payments".

Jennifer Haines
Jennifer's speciality knowledge is credit card changes and balance transfers.ADNFCR-2776-ID-801417140-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide