The Federal Reserve recently released its 2019 Survey of Consumer Payment Choice, the 12th in a series of annual studies that provide a comprehensive understanding of how U.S. consumers make payments.
From 2012 to 2015, credit and debit (including prepaid and non-prepaid) card payments continued to gain ground in the payments landscape, accounting for more than two-thirds of all core noncash payments in the United States, according to a Federal Reserve study of U.S. non-cash payments released December 22, 2016. Automated Clearing …