TelpoGlobal

Recently, e-payment fraud was happen at the digital payment software of NTT DOCOMO, one of Japan's three telecom companies, and SBI Securities, Japan's largest Internet securities company. This is another security hole of e-payment service after it took place in convenience store giant 7-11 last year, pushing e-payment security to a climax and trigger heated discussions among the public.  It is likely that criminals stole victim’s account and password through phishing software, and then use the authentication vulnerability of the digital payment system to get benefit, police analyzed. And it actually reflects some problems in Japanese financial institutions include loose safety system, inadequate regulation and weak safety technology and so on.  Take NTT DOCOMO account service as an example, user can create an account simply by filling out his email address. They put convenience first rather than safety, which greatly increase a...

Burma planned to launch national standard QR code MMQR recently after Japan issued its unified QR code JPQR. As more and more countries issue policies to promote QR code payment development, it is expected to become one of the global popular payment methods. Why QR code payment will gain more popularity during the epidemic? And how did QR code payment become popular step by step? If we want to know something of it, we should start with its development resistance and advantages. To begin with, people should take it in mind that credit card payment will be badly impacted once QR code payment widely use to a certain extent. This condition will further affect the interest of relevant banks, consortiums and enterprises, which are the strong financial sources in the country. Without national policy support, merchants are unwilling to input much sunk costs to promote QR code payment. Importantly, If not capital and technology input to optimize consumer experience, consumer won’t ea...