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No Sign of Payments Slowdown in Latest Fed Research

Posted by Larry Pruss on Jan 27, 2020 12:00:00 PM

No Sign of Payments Slowdown in Latest Fed Research

January’s release of the 2019 Payments Study from the Federal Reserve reveals that American purchasing behavior is evolving at full force, especially in debit and credit card use. Every three years, the Fed releases a comprehensive study on usage trends for noncash payment instruments. This most recent data shows the persistence of several longstanding trends – and some are gaining speed.

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Topics: Payments, Vendor Contract, Cardless, Noncash, Debit and Credit, Payment Strategies

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