Consumer payments in the United States gradually have been shifting away from paper checks for the past several years …. Cash use has declined as well, although at a much slower pace. As the number of check payments has decreased, those … payments have been replaced with electronic and card payments. However, the transition from paper to electronic and card …

replacing paper with cards and electronic payments. Stavins (2021) examines the evolution of payments from paper to cards and … electronic payments, while Shy (2020) shows the payments landscape across merchant types. This paper combines the cross …-sectional analysis across merchants with the aggregate time series study to analyze the evolution of consumer payments by merchant type …

replacing paper with cards and electronic payments. Stavins (2021) examines the evolution of payments from paper to cards and … electronic payments, while Shy (2020) shows the payments landscape across merchant types. This paper combines the cross …-sectional analysis across merchants with the aggregate time series study to analyze the evolution of consumer payments by merchant type …

Consumer payments in the United States gradually have been shifting away from paper checks for the past several years …. Cash use has declined as well, although at a much slower pace. As the number of check payments has decreased, those … payments have been replaced with electronic and card payments. However, the transition from paper to electronic and card …

cash. The two groups differ in their perceptions of payments as well as in their payment behavior: revolvers are …

America Study (UAS), and results are not yet comparable to the 2008–2014 SCPC. In 2015, U.S. consumers made 68.9 payments per … their monthly payments, followed by cash (27.1 percent) and credit or charge cards (21.3 percent). For nonbills, consumers … payments and electronic payments from bank accounts for one-quarter of bill payments. In 2015, U.S. consumers on average held …

In 2012, the number of consumer payments did not change significantly from 2010 as the economy settled into steady … expansion following the financial crisis and recession. After increasing by 28 percent from 2008 to 2010, cash payments by … consumers fell back by 10 percent from 2010 to 2012, while the share of cash payments dropped for a third straight year to 26 …

In 2014, the average number of U.S. consumer payments per consumer per month decreased to 66.1, in a statistically … insignificant decline from 67.9 in 2013. The number of payments made by paper check continued to decline, falling by 0.7 to 5 ….0 checks per month, while the number of electronic payments (online banking bill payments, bank account number payments, and …