Shifts in Non-Cash Payments
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The most recent Federal Reserve Payment Study has published data for 2024 on “core noncash payment methods used in the United States by consumers, businesses, and governments, including payments by general-purpose and private-label cards, automated clearinghouse (ACH) transfers, and checks. This release also covers ATM cash withdrawals.”
One way to summarize the results is to look at the value transferred by different method; another is look at the number of noncash payments. You
One way to summarize the results is to look at the value transferred by different method; another is look at the number of noncash payments. You
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