Browsing: Debit cards

Newsbytes

Cash, debit cards and prepaid cards all increased their share of payment instruments that households use in a typical month, according to results from the Federal Reserve Bank of Boston’s 2015 Survey of Consumer Payment Choice released today.

Payments

By Monica C. Meinert t’s a fairly well-known fact that consumers in the U.S. are increasingly choosing to make cashless payments. Gallup reports that just under a quarter of people (24 percent) make some or all of their purchases with cash, down from 36 percent five years ago. As noncash payments continue to dominate—totaling almost

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