Up, Up and Away – New Data on Increased Spending
A couple of new reports released on consumer credit invoke the old “glass half full or half empty” scenario. PYMNTS.com breaks down all the findings.
Which Leaves a Bigger Dent in Your Wallet: Prepaid or Checking?
Mankind cannot exist without passionate rivalries: Red Sox vs. Yankees. Ali vs. Frazier, and for the payments community: prepaid cards vs. checking accounts. Suzanne Martindale of Consumers Union analyzes their recent report on whether checking accounts or prepaid cards are more costly.
Fed Experts Break Down Results of the 2010 Payments Study
More than three-quarters of all noncash payments are now made electronically, and debit cards are maintaining double-digit growth annually. These are among the findings of the Federal Reserve’s 2010 study of noncash payments
Choices at the Checkout- Credit Gets Canned
With so many choices in life, it is only fitting that consumers must choose their method of payment. Your first reaction might assume that consumers choose credit at the checkout.
Federal Reserve Releases 2010 Payments Study
Noncash payments in the United States rose at a compounded annual rate of 4.6 percent since 2006, according to the Federal Reserve System.
Report: A Survey of Consumer Payment Choice
This paper presents the 2008 version of the Survey of Consumer Payment Choice (SCPC), a nationally representative survey.
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Scott Schuh of the Federal Reserve Bank of Boston Shares Results of a Survey of Consumer Payment Choice
In this exclusive NEXTcast interview, Scott Schuh, sits down with industry expert Karen Webster to discuss his latest survey and how payments has reconnected him with his true love, economics.
Cash Usage: Reports of My Death Have Been Greatly Exaggerated
Despite years of predictions suggesting that cash would one day disappear, recent data suggests cash is not only here to stay, but its usage may in fact be on the rise.
Federal Reserve Bank of Boston Survey Shows People Can Be Choosy About Their Payment Methods
Diamonds are forever, but not so credit cards. A sizable and growing minority of American consumers who once possessed a credit card no longer have one.
