Opportunities Abound In Crowded Payments Field

Fest, Glen
February 2007
Bank Technology News;Feb2007, Vol. 20 Issue 2, p15
Trade Publication
The article discusses the increasing use of credit and debit card in the U.S. as a form of payment. Credit or debit card use at the point of sale represent 56 percent of all purchases. Consumers are comfortable swiping cards for groceries, utility bills, and coffee. However, according to Celent, much of cards' growth is going to be fueled by evolving trends in consumer behavior.


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