Whether you’re a consumer, developer or investor delving into mobile payments technologies for personal or professional use, There are a number of important factors to consider when evaluating mobile payment technologies in the coming year.

Here’s your cheat sheet for owning your mobile transaction financial health. Ensure that your credit card information is:

• Only sent to the venue’s POS system, rather than passing through third party services
• Only stored on your phone, where it’s safest, and not in the cloud
• Always encrypted when it is sent to the POS system, where the transaction is taking place

Read the full article, via CNN.