[zhuzhuor]

It basically means the lacking of credit systems and mature fraud detections. If you lose your (credit) card or leak your credit card number, the bank won't probably reimburse your financial losses. Compared to credit cards, mobile payments may be more secure.

[jacquesm]

That may well be true but why compare them with credit cards at all? Debit cards have all those functions and a much lower fraud incidence.