Money stored on mobile payment apps may not be FDIC insured, US watchdog warns Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money is insured or not. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Filed under: Bitcoin - @ June 1, 2023 8:30 pm