Card Use Grows Fast as Check Payments, ATM Withdrawals Continue Decline

Source: Pexels.com

The Federal Reserve’s triennial report on payments released last week shows accelerated electronic payments growth, as well as signs that fewer people are paying by check or withdrawing cash from ATMs. Card payments increased 10.1% by number and 8.4% by value from 2016 to 2017. For comparison, these payments had increased 7.8% by number and ...Read More

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