Current Table

NUMBER AND VALUE OF NONCASH PAYMENTS, 2006 AND 2009
  Number (billions) Value ($ trillions)
  2006 2009 Compound annual
growth rate,
2006-2009
2006 2009 Compound annual
growth rate,
2006-2009
Checks (paid) 30.5 24.4 -7.2% $41.60 $31.59 -8.8%
ACH (1) 14.6 19.1 9.3 31.02 37.16 6.2
Credit card 21.7 21.6 -0.2 2.12 1.92 -3.2
Debit card 25.0 37.9 14.8 0.97 1.46 14.4
Prepaid card 3.3 6.0 21.5 0.08 0.14 22.4
Total  95.2 108.9 4.6 $75.79 $72.28 -1.6

(1) Automated Clearing House.

Source: Federal Reserve System.

 
NUMBER OF NONCASH PAYMENTS, 2003 AND 2006

(billions)

  2003 2006

Compound annual
growth rate,
2003-2006

Total (billions) 81.4 93.3 4.6%
Checks (paid) 37.3 30.6 -6.4
Debit card 15.6 25.3 17.5
     Signature 10.3 16.0 15.8
     PIN (1) 5.3 9.4 20.6
Credit Card 19.0 21.7 4.6
ACH (2) 8.8 14.6 18.6
EBT (3) 0.8 1.1 10.0

1) Personal identification number.
(2) Automated clearing house.
(3) Electronic benefits transfer.

Source: Federal Reserve System.