Recently Released Market Study: Debit Cards in the US
As the slow but steady economic recovery increased average discretionary incomes, the growth in credit card usage again began to hamper the use of debit cards, as consumers who felt less financial pressure once again became more comfortable purchasing items with credit. The growth of store cards, with their attractive rewards plans, also cut into the growth of debit cards, as these are retail purchases which would frequently have been placed on debit cards in the recent past. Loosening budgets...
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