GREENSBORO, N.C. — From groceries to gas, more people are tapping their phones instead of swiping cards or using cash to pay. But what happens if that phone goes missing or falls into the wrong hands?

A DIGITAL WALLET. DIGITAL WALLETS ARE FAST, CONVENIENT, AND INCREASINGLY COMMON. I CAN JUST TAKE IT ANYWHERE. WHETHER IT’S ON MY PHONE OR ON MY WATCH, I KNOW THAT I ALWAYS HAVE SOMETHING TO PAY WITH.

From groceries to gas, more people are tapping their phones instead of swiping cards to pay. But what happens if that phone goes missing or falls into the wrong hands? Consumer Reports tells you how ...