Slice is just one of several fintech firms pitching themselves as a viable credit card replacement. Even while Slice has been around for a while, it has recently been under scrutiny due to warnings from Google that the payments app is attempting to snoop on users’ private information. Slice has released a formal statement saying it has resolved all concerns. Users of the payments app are being urged to immediately upgrade to the most recent version of the software.
Slice has said that a bug caused the platform to improperly gather user information. “We assure you that no changes were made to our app that might undermine the security of your personal information. This was a unique incident brought on by a lack of context surrounding a slice UPI app update that has now been corrected. To make sure this doesn’t happen again, we’re digging into the details “Slice said in a press release.
“In response to our Android upgrade, the Play Store displayed a warning. In 4 hours, we were able to identify the problem, determine the cause, and implement a solution. Only 1% of app users have upgraded from an earlier version. In the event that you are experiencing this problem, please remove and reinstall the software immediately “A tweet from a payments app made this point.
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Internet search giant Google condemns Slice as “harmful”
According to reports, once Google ran its standard Play Protect check, Slice users were informed of the same issue. The Slice payments app was flagged as “malicious” during the scan because it attempted to steal users’ private information. In addition, Play Protect warned users that “slice puts your device at danger” in a message.
Slice is an unsafe software that tries to spy on users by accessing their text messages, photographs, audio recordings, and phone records, according to the Play Protect website. Further, Google suggested that people remove the software from their devices. Over 10 million copies of Slice have been downloaded from the Google Play store. Those using iOS devices may get it via the Apple app store.
Slice has been under scrutiny since the Reserve Bank of India (RBI) stopped allowing non-banking PPIs like wallets and prepaid cards to load credit lines on its platforms.
