Pegg, Jonathan
April 2005
Bank Technology News;Apr2005 Supplement, p24
Trade Publication
Reports that consumers are turning to the use of debit and credit cards for their transactions in the U.S. Declaration of the U.S. Federal Reserve that 2003 was the first year the number of electronic payment transactions exceeded check payments; Disclosure of the payment research firm that consumers charged 686 billion dollars on some 229 million card signature debit cards in 2004; Announcement by an entity the intentions to move into the blossoming debit market which represents more than 50 percent of all card-based transactions.


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