The 2019 Federal Reserve Payments Study: Initial Data Release
The 2019 Federal Reserve Payments Study (FRPS), seventh in a series of triennial studies, found accelerating growth overall in core noncash payments (ACH, cards, checks) from 2015 to 2018 compared to the previous three-years.
The study also found that
- Debit and credit card payments grew 8.9 percent per year between 2015 and 2018.
- The value of remote general-purpose card payments in 2018 nearly equaled that of in-person payments.
- Over half of in-person general-purpose card payments were chip authenticated in 2018, up from 2.0 percent in 2015.
- ACH payments grew 6.0 percent per year between 2015 and 2018.
- Check payments fell 7.2 percent per year from 2015 to 2018.
For questions or comments, or to be added to the FRPS mailing list, please contact frpaymentsstudy@彩神8官方版frb.gov.