St Louis Fed report, Central Banker, Winter 2001

REPORT - Fed Releases Comprehensive Retail Payments Study, reports the Winter 2001 edition of the St Louis Fed's Central Banker.

American consumers and businesses make 80 billion retail payments annually, according to a market research report just released by the Fed. Nearly 50 billion of these payments are made by check, and the remaining 30 billion are handled by electronic instruments, such as credit cards, debit cards and ACH. Overall, Americans are increasingly using electronic forms of

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