elgato
Joined: 24 Feb 2005
Posts: 17240
Location: Texas
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| Posted: Wed Dec 15, 2010 6:56 pm Post subject: Children spend £64m without parents consent |
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If you’ve ever wondered where your unauthorised PayPal transaction claims come from it could be the £64m per year that children are spending online without their parents knowledge.
According to the CPP one in seven online purchases made by British kids aged 7-16 are done behind their mums and dads’ back. Two thirds of kids are now hitting the cyber streets, annually spending £448 million and eight in ten use their parents’ bank cards, online accounts and PayPal.
Children are buying a wide range of items, including; computer games (51%), books (42%), films (30%) and phone applications (18%). The peak of spending is set to increase during the Christmas period as a quarter of kids say they will or plan to buy presents online, a 10% increase on kids online Christmas purchases last year potentially putting even more parents at risk of card fraud.
Sarah Blaney, card fraud expert from CPP says “Parents need to educate their children about of the very real risks of shopping online.
more.. link to news article |
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