Money stored on mobile payment apps may not be FDIC insured, US watchdog warns

By Cointelegraph - 11 months ago - Reading Time: 1 minutes

Money stored on mobile payment apps may not be FDIC insured, US watchdog warns

Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money is insured or not.

Original source: Cointelegraph