Purchase Volume Data news and trends

Credit, Debit, Prepaid Card Purchases Increased 7 Percent In 2016

May 09, 2017
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Credit, Debit, Prepaid Card Purchases Increased 7 Percent In 2016

May 09, 2017
Credit, debit and prepaid cards issued in the U.S. saw purchase volume increase 7 percent year over year in 2016. That’s according to the Nilson Report, which said in a press release Monday (May 8) that credit, debit and prepaid cards’ purchase volume in the U.S. reached $5.648 trillion in 2016. “Consumers are choosing credit cards over debit cards to […]