Google Wallet disables prepaid card use following latest hacks
Google has put the brakes on the use of its prepaid cards for Google Wallet after two hacks were discovered that could steal money from a user's account.
Osama Bedier, vice president for Google Wallet and Payments, wrote in a blog on Saturday that the company is taking this action temporarily until it can make a more long-term correction.
"To address an issue that could have allowed unauthorized use of an existing prepaid card balance if someone recovered a lost phone without a screen lock, tonight we temporarily disabled provisioning of prepaid cards," Bedier explained. "We … Read more