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Jan 5, 2017

Holiday Debt Hangover: The Dangers of Contactless Payment

Holiday Debt

The holidays may be over, but for many they are far from forgotten. For kids, the holiday joy continues with toys and games, but for adults, the holiday hangover might not be as pleasant. In fact, according to Niro Sivanathan, bssociate professor of organisational behaviour at London Business School (LBS), the holiday hangover could mean an unprecedented amount of festive debt. The truth is that in 2016, more people than ever used touchless payment to make their holiday purchases, and that comes with some consequences: the holiday debt hangover. Continue reading…

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