New Update Fixes Google Wallet Security Issues

Google Wallet was in the news a bit over the last week due to some problems with security. The issue was related to pre-paid security cards which Google stopped supporting while the issue was found and fixed. Google has now fixed the problem.

Pre-paid cards are now active again and to make things safe again, Google [GOOG] has provided an update to fix the issue.

Yesterday afternoon, we restored the ability to issue new prepaid cards to the Wallet. In addition, we issued a fix that prevents an existing prepaid card from being re-provisioned to another user. While we’re not aware of any abuse of prepaid cards or the Wallet PIN resulting from these recent reports, we took this step as a precaution to ensure the security of our Wallet customers. If you are unable to access your previous prepaid card balance for any reason, please contact our toll-free support for assistance.

The full post about the security situation can be found over at Google.


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