WORLD EXCLUSIVE - Mobile Wallet Protection

Customers who use mobile wallet technology to pay for goods can now protect their handset from fraud for the first time when they insure their phones here at Insurance2go.

According to the BBC website there are already 50,000 retailers in the UK that will accept the mobile wallet as a way of paying but until now shoppers have had no way of safeguarding the cash they upload to their phones.

Insurance2go customers are now covered because we have become the first company in the world to offer mobile wallet protection.

We have responded to a demand from our customers who like the idea of being able to ditch their cards to pay for goods with their phones but are worried what will happen if the handset is lost or stolen.

With this new payment system mobile phones will become even more attractive to thieves so we want to make sure our customers are fully covered for all eventualities, that is why we have become the first to launch mobile wallet protection.

It would be incredibly frustrating to have your phone covered for loss and theft only to find out after it had been stolen that someone had run up a bill on a shopping spree before you'd had time to block the phone.

We now offer all our customers cover on their mobile wallet at no extra cost when they take out our Lite or Full cover policies.

By 2015 mobile wallets will be pretty much the norm replacing cards, and in many instances cash, so we believe people will want to do all they can to stamp out fraud.

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