Statistical Profile: Tender Types
American Express, Discover, MC and Visa generated $3.069 trillion in purchase volume in 2008 (from consumer and commercial credit, debit and prepaid products).[1]
Debit & prepaid
Purchase volume:
$1.514 trillion in debit card transactions (2008)[2] [3]
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Number of transactions:
32.19 billion transactions on debit cards (2008) [4]
Number of cards in circulation:
449 million debit cards in circulation (2008) [5]
Credit
Purchase volume:
$2.174 trillion in credit card transactions (2008) [6]
Number of transactions:
21.29 billion transactions on credit cards (2008) [7]
Number of cards in circulation:
676.1 million credit cards in circulation (2008) [8]
Check
Amount authorized:
$488.14 billion (2008) [9]
Number authorized:
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7.2 billion authorized checks [10]
Cash
Purchase volume:
$1.3 trillion [11]
Number of cash transactions:
50 billion [12]
[1] The Nilson Report, Issue 924 (April 2009).
[2] The Nilson Report, Issue 924 (April 2009).
[3] ATM & Debit News (March 2008). http://pindebit.blogspot.com/2009/07/top-10-pin-debit-networks.html
[4] The Nilson Report, Issue 924 (April 2009).
[5] The Nilson Report, Issue 924 (April 2009).
[6] The Nilson Report, Issue 924 (April 2009).
[7] The Nilson Report, Issue 924 (April 2009).
[8] The Nilson Report, Issue 924 (April 2009).
[9] The Nilson Report, Issue 925 (May 2009).
[10] The Nilson Report, Issue 925 (May 2009).
[11] Digital Transactions, Volume 5, Issue 12 (December 2008).
[12] The Nilson Report, Federal Reserve, NACHA, ATM & Debit News. http://www.bos.frb.org/economic/eprg/presentations/2008/crowe04151708.pdf