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Fed Payments Study Details Card Use
Anne-Marie Leake
/ Categories: News, Payments Strategy

Fed Payments Study Details Card Use

The Federal Reserve has released detailed data about card payments and alternative payment methods by consumers and businesses in the United States for 2021 and 2022. The release includes new information about credit card, non-prepaid debit card, and prepaid debit card payments as well as alternative payment methods and systems in the calendar years 2021 and 2022. Among other findings, the study indicates that general-purpose card payments grew 6.0% by volume (reaching 153.3 billion transactions) and 10.5% by value (reaching $9.76 trillion), in line with the growth trajectory from 2018 to 2021.

Click Read More below to see the complete Take on Payments blog from Fed Atlanta and to access the full study results.

Print
401
Topic
  • Card
Delivery Type
  • Articles / Editorial
  • Partner / Industry Resources
Role
  • Back Office Operations
  • Compliance, Risk Incident Management
  • Executive Leader
  • Frontline Operations
  • Payments Support
  • Strategist / Thought Leader
Organization Type
  • Associations
  • Corporation
  • Challenger / Neo Bank
  • Financial Institution
  • Government Agency
  • Software & Service Provider / FinTech
  • Security & Law Enforcement
Knowledge Level
  • Advanced
  • Beginner
  • Intermediate
News Details Button URLhttps://www.atlantafed.org/blogs/take-on-payments