While the government is pushing for digital payments through mobile phones, chipset maker Qualcomm said that wallets and mobile banking applications in India are not using hardware level security which can make online transactions more secure.

"You will be surprised because most of the banking or wallet apps around the world dont use hardware security. They actually run completely in Android mode and users password can be stolen. Users use fingerprint which might be captured ... in India that is the case for most of all digital wallets and mobile banking apps," Qualcomm Senior Director Product Management S Y Choudhury said.

He said that even most famous digital payment application in India is not using hardware level security.

Reason we are saying that none of them is using it because we work with OEMs (original equipment makers), Choudhury said.

As per market research firm Strategy Analytics, Qualcomm leads mobile chipset market globally with 37 per cent share. -- PTI