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A Look at US Debit Card Spending

Tags » Credit Cards, Debit Cards  » Comments (0)

In an article titled "Debit-Card Use Overtakes Credit", Robin Sidel writes for the Wall St. Journal about the increasing usage of debit cards by US consumers. Sidel notes that Visa reported yesterday that during the last quarter of 2008 debit card purchase volume slightly exceeded credit card purchase volume for the first time in Visa's history.

Similar statistics released earlier this week by APACS in the UK show the surging volume on debit cards in that particular market.

Posted: Apr 30, 2009 05:18 AM Pacific |   |   |   Tweet This

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