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• Debit cards: Traditional debit cards accounted for 2018, down from $29 in 2015.
55.4 percent of all card payments, by number, in
2018, a negligible decrease from 55.8 percent in 2015. • Credit Cards: Credit card payments made up 34.1
Americans made 72.7 billion debit card payments in percent of all card payments in 2018, the Fed said.
2018, which is roughly equal to the total of noncash Americans made 44.7 billion credit card payments
payments made in 2000, the first year the Fed issued valued at $3.98 trillion in 2018, up from 33.7 billion
its triennial payments report. The average value of payments valued at $3.05 trillion in 2015. The
debit card payments remained unchanged between average credit card payment was $89, down from
2015 and 2018 at $38. $91 in 2015. The bulk of credit card payments (91.5
percent) were made using general-purpose cards.
• Prepaid debit cards: Prepaid debit card payments Private-label credit cards made up just 8.5 percent of
represented 10.5 percent of card transactions in 2018, all credit card payments in 2018, totaling 3.8 billion
down from 11.1 percent in 2015. U.S. consumers made valued at $340 billion, reflecting strong double digit
13.8 prepaid card payments totaling $350 billion in growth in both numbers and dollars spent.
2018, an increase of 1.6 billion payments and $60
billion over 2015. The bulk of payments were made The biggest growth was registered with card-not-
using general purpose prepaid debit cards (6 billion present transactions (or what the Fed calls remote
transactions valued at $190 billion), but the average payments): 20.5 percent a year from 2015 to 2018.
value of these transactions fell from $35 in 2015 to While the number of in-person credit card payments
$32 in 2018. (86.1 billion) continued to outstrip CNP transactions
(33.5 billion), total values were nearly identical at
Private-label prepaid debit cards accounted for $3.3 trillion in card-present transactions and $3.29
40.2 percent of prepaid card transactions in 2018, trillion in CNP payments in 2018, the Fed reported.
up from 38.9 percent three years earlier. The total
value was $100 billion, up from $70 billion in 2015. Patti Murphy is senior editor at The Green Sheet and self-described
At 2.2 billion electronic benefit cards made up the
smallest share of prepaid debit card payments. The payments maven of the Fourth Estate. Follow her on Twitter @GS_
average value of EBT card transactions was $26 in PayMaven.

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