Have You Protected Your Payment Code Privacy?

They can also enable the "payment code privacy protection" feature in their payment settings, which can be done by opening the payment app, navigating to the payment section, and selecting the privacy protection option. For instance, on Alipay, users can open the app, click on "收付款" (Collect and Pay), then click on the three dots at the top right corner of the payment code page, and select "付款码隐私保护" (Payment Code Privacy Protection) to enable the feature. On WeChat, users can click on "我" (Me), then "服务" (Services), followed by "钱包" (Wallet), and find "消费者保护" (Consumer Protection) to set up security locks such as hand gesture or fingerprint unlocking.

Disabling the password-free payment option can also add an extra layer of security. To do this on Alipay, users can open the app, click on "我的" (My), then the settings icon at the top right corner, followed by "支付设置" (Payment Settings), and finally "免密支付" (Password-Free Payment) to turn it off. The conversation has been further amplified by social media influencers and bloggers, who are sharing their own experiences and tips on how to set up payment code privacy protection. Some users have shared lists of essential settings to pay attention to when using payment apps, including turning on payment code privacy protection, canceling automatic deductions, and enabling facial recognition login.

A recent case of a woman who had her account drained of over 1,400 yuan after showing her payment code to a scammer via video call has highlighted the importance of user awareness and education in preventing scams. According to the police investigation, the scammer was able to steal the woman's payment code by exploiting a vulnerability in the payment system. The police have warned that this type of scam is not an isolated incident and that many payment platforms have similar security vulnerabilities. To protect user privacy, many payment platforms offer the option to set up payment code privacy protection, which can help prevent unauthorized transactions.

Enabling this feature adds an extra layer of security to transactions, ensuring that only authorized payments are made. By taking steps such as using strong passwords, keeping software updated, being cautious with public computers or public Wi-Fi for financial transactions, and regularly monitoring account activity, individuals can significantly reduce the risk of financial fraud and contribute to a safer digital financial environment. Ultimately, the security of mobile payment systems requires a collective effort from payment platforms, users, and regulatory authorities, and by working together, we can reduce the risk of scams and ensure that mobile payment systems are safe and secure for everyone to use. Users are advised to check their payment app settings and enable payment code privacy protection to avoid being victims of scams, and to always prioritize their payment information security.