Why does Xapo require access to my device location?
Opening an account
Xapo Bank uses your location to protect your account - it allows us to detect fraudulent activity. Any time you make a transaction or alter your security settings, our risk system checks that it is you performing the action. Cross-referencing your location with other information is key for us to flag suspicious or potentially suspicious activity.
Why does Xapo require access to my device location?
Xapo Bank uses your location to protect your account - it allows us to detect fraudulent activity. Any time you make a transaction or alter your security settings, our risk system checks that it is you performing the action. Cross-referencing your location with other information is key for us to flag suspicious or potentially suspicious activity.
Want to learn more about how we use your location to safeguard your account? Read our article on geolocation.
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