19 per cent) and having their credit or debit card stolen (14 per cent). Contactless and online payments are leading young people into debt, according to research from The Claude Littner Business School at the University of West London. One in five adults under 45 in London are finding it difficult to pay off debts because of easy transaction methods and 64% blame digital payments for their overspending. “Digital is a huge part of our lives but Data represents another significant issue for them; 66% claim to be worried about data security and 19% said they'd had data stolen.
Contactless and online payments are leading young people into debt, according to research from The Claude Littner Business School at the University of West London. One in five adults under 45 in London are finding it difficult to pay off debts because of easy transaction methods and 64% blame digital payments for their overspending. “Digital is a huge part of our lives but Data represents another significant issue for them; 66% claim to be worried about data security and 19% said they'd had data stolen.