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- Plum is a fairly safe app to use12345. The company is authorised and regulated by the Financial Conduct Authority, meaning it can carry out payment service activities12. It is also regulated as a registered account service provider2. Plum has high street banking level security, including 256-bit face/fingerprint ID technology245. The app has read-only access to your account, which ensures it cannot access your account information or do anything drastic with your account or the funds inside it3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Overall, Plum is a fairly safe app to use. The company is authorised and regulated by the Financial Conduct Authority, meaning it can carry out payment service activities. They’re also appointed as a distributor of electronic money on behalf of PayrNet Limited, which is also FCA registered. As for FSCS protection, things are slightly less clear.www.comparebanks.co.uk/money/plum-review/Yes, Plum is safe. It has high street banking level security, including 256-bit face/fingerprint ID technology and is regulated by the Financial Conduct Authority as a registered account service provider. The funds offered on the app include trusted brands like Blackrock and Vanguard.upthegains.co.uk/blog/plum-app-reviewTurns out I’d needn’t have bothered; Plum is extremest safe to use. Like Apple Pay and Google Pay, it has limited access to your actual account. Plum has read-only access which ensures it can neither access your account information nor do anything drastic with your account or the funds inside it.www.knowyourmobile.com/applications/plum-app-r…We take security seriously. We support face/fingerprint recognition and use 256-bit TLS encryption to keep the Plum app safe. When we talk about protecting your money, what we mean is, if something happens to one of our providers, banks, or Plum (don’t worry though, we’re not going anywhere!) you can still get your money and savings back safely.help.withplum.com/en/articles/5245626-how-my-m…We take security seriously. We support face/fingerprint recognition and use 256-bit TLS encryption to keep the Plum app safe.help.withplum.com/en/articles/6999586-is-plum-saf…
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