Credit Cards

Debit 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.



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