MP concerned about cardless payments

Obrein Simasiku Member of Parliament Elma Ndienda is concerned about the evolving banking technology that has seen the emergence of cardless payments, where one needs to tap a card in order to effect a purchase transaction without requiring a Personal Identification Number (PIN). This she feels leaves many vulnerable to theft, fraud and exploitation. Although, Dienda appreciates banking transformation that has been ongoing over the years and has been brought good success, efficient and convenient banking development, however, it came with an array of possibilities of technology misuse. “How is it even possible for your card to be useful without…