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.
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