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Security breach brings down shutters on 7Pay

Posted on August 5, 2019 by Dissent

Michael Carroll reports:

Bosses at retailer 7-Eleven Japan called time on its fledgling 7Pay mobile payment service, after deeming attempts to recover from a major security breach were too onerous.

The service launched on 1 July offering cashless payments in the retailer’s chain of convenience stores, but within days the set-up was attacked by fraudsters who raided customers’ accounts. The shutters are set to be pulled down on 30 September.

Read more on Mobile World Live.

Category: Business SectorHackNon-U.S.

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