Fed Survey Finds Credit Card Use on the Rise
Credit card payments grew significantly in 2016, increasing 10.2 percent to total 37.3 billion, according to new data from the Federal Reserve today.
Browsing: Debit cards
Five Tactics for Successfully Converting a Debit Card Program
Bank leaders are constantly on the lookout for ways to increase their non-interest income, and one option is to switch debit card programs.
In Twist, Cash and Debit Cards Grow Payment Share
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.
Survey: Consumers Concerned about Card Security Even as Fraud Rate Falls
Efforts by financial institutions to secure card payments and prevent fraud appear to be paying off, according to a recent survey commissioned by Transaction Network Services.
Fed Survey: Noncash Payments Increase, Debit Most Popular with Consumers
Consumer noncash payments have increased significantly between 2000 and 2015, according to new data from the Federal Reserve today.
Nine Young Bankers Who Changed America: Dee Hock
Hock imagined the Visa network, an entirely new approach to card acceptance and settlement.
Study: Small Merchants Value Service, Not Price, on Interchange
Small merchants place a higher value on the services they get when accessing the payments system than on paying a low interchange rate, according to a recent survey.
A Preference for Plastic
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