Fed To Study Non-Cash Payments In U.S.

What's Next In Payments®
3:50 PM EDT January 18th, 2013

The U.S. Federal Reserve is preparing a major study on the volume and composition of electronic and check payments, notes Finextra.

The study is held by the Fed’s Retail Payments Office (RPO) every three years and displays trends in electronic payments, eCommerce, card transactions and checking. 

The 2010 study showed that non-cash payments in the U.S. grew by 4.6 percent between 2006 and 2009, and that three-quarters of non-cash payments in 2009 were made electronically. 

Read the full story here.

Comments
Also by This Author
What's Hot
News
Bloomberg TV: David Evans Skeptical Over Future of Bitcoin
Alternative Financial Services
Zuckerberg: Facebook’s Focus On Ad Revenue, Not Payments
B2B Payments
Is A ‘Nuclear Blast’ About To Hit New York’s Procurement World?
B2B Payments
New Trade Finance Solution Hits Europe
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
News
Bloomberg TV: David Evans Skeptical Over Future of Bitcoin
Cool
Smartphone Magnetism: Visa Invests In Loop
Company Spotlight
The MasterPass Master Plan
Alternative Financial Services
Zuckerberg: Facebook’s Focus On Ad Revenue, Not Payments
View All Articles ››