Posted by: Bianca Peter

WalletHub analyzed the consumer payment landscape using publicly available data and a variety of metrics that clearly illustrate significant patterns in consumer spending. The results listed below not only elucidate consumer payment preferences, but also indicate how usage costs and transaction amounts differ across payment vehicles as well as over time.

(Source: Federal Reserve, 2018) (Source: Federal Reserve Payments Study, 2000-2018) (Source: Federal Reserve Payments Study, 2002-2018)

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