Current payment methods are still subject to human error and worries according to new research from Moneyhub, the market-leading data and payments platform. Moneyhub’s research revealed that close to one in 10 (9%) have accidentally transferred money to the wrong recipient.
A further 8% said they have received money from someone they didn’t expect, or didn’t know, while 14% have been paid incorrectly by their employer in the past.