How Consumers Pay In The Digital World

Study Finds Debit Card NSF Declines on Rise

While consumer spending hit historic highs in March, the number of payments being declined for insufficient funds is also on the rise, a troubling trend that the latest “U.S. Digital Economy Payments Report” warns could crimp consumer behavior.

Inside the May Report
  • 8.5%: Rise in consumer prices in the United States by the end of March
  • 49%: Share of Americans earning more than $100,000 per year who lived paycheck to paycheck in March
  • 16%: Portion of millennials who encountered payment fraud