Internet fraud on the rise as payments by mobile boom

The number of people being deceived by fraud on the mobile internet is increasing as the market of mobile payments has boomed recently in China.

The size of third party mobile payments in 2015 reached over 11.8 trillion yuan ($1.8 trillion) in 2015, up by nearly 70 percent compared with 2014, according to iResearch consultancy data.

One of the main methods of fraud is payment virus which can upload users' information without them knowing, intercept the verification code and steal users' bank account information.