Credit CardsDebit Cards, Atm Cards and Pre-Paid Credit Cards |
What percentage of all transactions in 2009 were electronic, non-cash transactions? |
In a study by the Federal Reserve, released in December 2010, nearly 75% of all transactions cleared were using some form of electronic payments, either debit cards, credit cards, or bank-to-provider-bank transactions for the payment of goods and services. The study does not include bank wire transfers. In 2006, nearly 66% of all transactions were non-cash or electronic.