Federal Reserve Bulletin, Volume 93, 2007 Current Bulletin

Recent Payment Trends in the United States

7. Depository institutions depositing checks electronically, and receiving checks presented electronically, through the Reserve Banks, 2005-2008
Percent
Year and month Deposited electronically (FedForward) Presented electronically (FedReceipt)
2005  
January .1 .0
February .2 .0
March .4 .0
April .7 .0
May 1.1 .0
June 1.6 .0
July 2.2 .0
August 3.0 .0
September 4.2 .0
October 5.5 .0
November 7.0 .0
December 8.4 .1
2006  
January 9.6 .6
February 10.8 .6
March 12.4 1.1
April 14.5 1.6
May 16.4 3.7
June 19.1 5.8
July 21.1 7.3
August 23.7 8.9
September 26.1 11.3
October 28.8 13.5
November 32.0 16.7
December 34.5 18.7
2007  
January 36.4 20.6
February 38.8 23.6
March 41.3 26.4
April 43.4 29.7
May 45.9 33.8
June 47.1 36.9
July 49.3 39.7
August 51.4 42.4
September 53.4 45.9
October 56.1 50.6
November 58.6 55.0
December 60.2 59.0
2008  
January 61.2 59.8
February 62.8 63.8
March 64.3 68.3
April 65.8 71.4
May 67.7 75.6
June 68.9 80.5

Source: Federal Reserve System Retail Payments Office.

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