Consumers Fraud Fears Hindering mPayment?

Increasingly, U.S. consumers are turning to new online technologies and social media tools to engage in a variety of transactions. While they may offer more convenience, they also pose potential risks to the security of personal information and financial assets.

Do consumers understand these risks and, accordingly, are they taking appropriate precautions?

A recent study by ThreatMetrix and The Ponemon Institute, “Mobile Payments & Online Shopping Survey of U.S. Consumers,” focused on issues relating to consumers’ attitudes and concerns about mobile payments, mobile banking, ecommerce, social network shopping and online government payments.

Among the findings you’ll learn in this executive summary are:

 

• Average time spent on the internet is 24 hours per week

• 57 percent of people make online purchases daily or weekly

• 74 percent are concerned or seriously concerned about fraud when shopping onlne

We’d love to be your preferred source for news.

Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

Add as Preferred Source

• 72 percent worry about becoming a victim of online fraud

Learn more on U.S. consumers’ attitudes and concerns about mobile payments, mobile banking, ecommerce, social network shopping and online government payments in this free Executive Summary, “Mobile Payments & Online Shopping Survey of U.S. Consumers. Read More

Related Content

ThreatMetrix Study: Most Consumers Say Companies Are Failing to Fix Fraud Protection

ThreatMetrix Explains How to Beat Online Fraudsters

ThreatMetrix Introduces Next Generation Fraud Prevention Platform