The app is NGate, the malware that can capture NFC data from payment cards close to the infected device, and then send it to the attackers, either directly, or via a proxy.

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A new Android malware named NGate can steal money from payment cards by relaying to an attacker's device the data read by the near-field communication (NFC) chip.

The app then tells victims to tap their payment cards to their phone and to verify them. This allows the malware to read a card’s chip data and send it back to the hackers behind this campaign.

The app is NGate, the malware that can capture NFC data from payment cards close to the infected device, and then send it to the attackers, either directly, or via a proxy.