![]() In 2022, Apple took significant measures to safeguard its iPhone and iPad users from credit card fraud, which is looming large with each passing year in the digital world. ![]() In 2022, Apple demonstrated a solid commitment to combating fraudulent activities on the App Store by blocking a remarkable $2.09 billion in fraudulent transactions.Nearly 943,000 iOS apps use these advanced technologies to sell goods and services on the App Store. Interestingly, Apple has been making substantial investments in developing secure payment technologies, such as Apple Pay and StoreKit, aimed at safeguarding its users’ financial information. Over time, there has been a significant shift towards digital payments as a preferred method of purchasing goods and services. In 2022 alone, Apple took action by disabling more than 282 million customer accounts found to be associated with such activities.Īpple blocked fraudulent transactions on App Store In its ongoing efforts to address fraudulent and abusive activity, Apple actively takes measures against fraudulent customer accounts.In 2022, Apple removed nearly 57,000 untrustworthy apps originating from illegitimate storefronts.This proactive measure effectively prevented bad actors from submitting their apps to the App Store. Approximately 105,000 enrolments into the Apple Developer Program were rejected due to suspicions of fraudulent activities.To provide context, in 2021, the App Store terminated over 802,000 developer accounts. There was a remarkable 46.6% YoY decline in the number of developer accounts removed from the App Store in 2022 compared to the previous year.In 2022, Apple successfully identified and terminated 428,000 developer accounts suspected of engaging in potentially fraudulent activity.These advancements underscore Apple’s steadfast dedication to preventing fraudulent activities and upholding a secure ecosystem for both users and developers of the App Store. ( NASDAQ: AAPL) has made significant strides in enhancing its systems to establish a robust and proactive account fraud detection mechanism. Its impressive reach encompasses support for more than 195 local payment methods and seamless transactions in 44 diverse currencies, ensuring a globally harmonized experience for users and developers alike. Presently, the Apple App Store boasts an impressive array of statistics, with over 36 million registered Apple developers and an average of over 650 million weekly visitors worldwide. ![]() As a result, in 2022 alone, approximately 1.7 million app submissions were rejected from the App Store, predominantly due to concerns regarding fraudulent activities and privacy-related matters. ![]() Since its establishment in 2008, Apple has continuously implemented a multitude of privacy and security measures to safeguard its robust app ecosystem, promoting the welfare of both users and developers alike. In the first quarter of 2023, a staggering 9.1 billion apps were collectively downloaded by iPhone and iPad users from the App Store, showcasing a noteworthy 12% year-over-year growth. The Apple App Store stands as the preeminent global platform for iOS app downloads, garnering unparalleled popularity and widespread adoption. ![]()
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