Accessible Version

Figure 1. Trends in noncash payments, by number, 2000-17

Billions

Period	Checks	ACH	Credit cards	Non-prepaid debit cards	Prepaid debit cards
2000	42.6	6.0	15.6	8.3	ND
2001	41.3	7.0	16.7	10.7	ND
2002	39.9	7.9	17.8	13.2	ND
2003	38.6	8.8	19.0	15.6	ND
2004	36.5	10.7	19.9	18.7	ND
2005	34.3	12.7	20.8	21.9	ND
2006	32.2	14.6	21.7	25.0	3.3
2007	30.1	16.1	21.7	29.3	4.2
2008	27.9	17.6	21.6	33.6	5.1
2009	25.8	19.1	21.6	37.9	6.0
2010	23.8	19.5	23.3	41.0	7.1
2011	21.8	20.0	25.1	44.1	8.2
2012	19.7	20.4	26.8	47.3	9.3
2013	19.1	21.4	29.2	51.2	9.9
2014	18.5	22.5	31.5	55.1	10.6
2015	17.9	23.5	33.8	59.0	11.2
2016	ND	ND	37.3	63.0	11.8
2017	ND	ND	40.8	69.6	13.1

Note: National estimates for card, automated clearinghouse (ACH), and check payments are available on a triennial basis from 2000 to 2015. National estimates for card payments are also available for 2016 and 2017. Prepaid debit card payments include general-purpose prepaid, private-label prepaid and electronic benefits transfer (EBT) card payments. Credit card payments include general-purpose and private-label credit card payments. Automated teller machine (ATM) withdrawals are not included. Prepaid debit card estimates are not available for 2000 and 2003.

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Figure 2. Annual growth rates by payment type, by number and value, 2012-17

Number

(CAGR) Percent

Payment instrument	2012-15	2015-16	2016-17
Credit cards	8.0	10.4	9.4
Non-prepaid debit cards	7.7	6.8	10.4
Prepaid debit cards	6.6	5.2	10.5
ATM withdrawals	-3.4	-0.3	-2.8
Network ACH	4.9	5.3	5.7
Checks	-3.0	-3.6	-4.8

Note: CAGR is compound annual growth rate. ATM is automated teller machine. ACH is automated clearinghouse. The 2015-16 and 2016-17 growth rates for check payments and ATM withdrawals are based only on information from the largest depository institutions. Prepaid debit card payments include general-purpose prepaid, private-label prepaid, and electronic benefits transfer (EBT) card payments. Credit card payments include general-purpose and private-label credit card payments.

Value

(CAGR) Percent

Payment instrument	2012-15	2015-16	2016-17
Credit cards	6.3	7.0	10.0
Non-prepaid debit cards	6.6	6.2	7.0
Prepaid debit cards	8.2	0.6	3.0
ATM withdrawals	3.6	3.9	0.5
Network ACH	4.1	5.1	6.9
Checks	2.2	-3.7	7.5

Note: CAGR is compound annual growth rate. ATM is automated teller machine. ACH is automated clearinghouse. The 2015-16 and 2016-17 growth rates for check payments and ATM withdrawals are based only on information from the largest depository institutions. Prepaid debit card payments include general-purpose prepaid, private-label prepaid, and electronic benefits transfer (EBT) card payments. Credit card payments include general-purpose and private-label credit card payments.

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Figure 3. Trends in general-purpose and private-label credit card payments, by number and value, 2000-17

Number

Billions

Period	GP credit cards	PL credit cards
2000	12.3	3.3
2001	13.3	3.5
2002	14.2	3.6
2003	15.2	3.8
2004	16.5	3.4
2005	17.7	3.1
2006	19.0	2.7
2007	19.3	2.4
2008	19.6	2.0
2009	19.9	1.7
2010	21.4	1.9
2011	22.9	2.2
2012	24.4	2.5
2013	26.6	2.6
2014	28.8	2.7
2015	31.0	2.8
2016	34.3	3.1
2017	37.7	3.1

Note: GP is general-purpose. PL is private-label.

Value

Trillions of dollars

Period	GP credit cards	PL credit cards
2000	1.07	0.20
2001	1.18	0.23
2002	1.30	0.25
2003	1.41	0.27
2004	1.56	0.26
2005	1.72	0.26
2006	1.87	0.25
2007	1.82	0.24
2008	1.77	0.22
2009	1.72	0.20
2010	1.90	0.23
2011	2.09	0.25
2012	2.27	0.28
2013	2.45	0.27
2014	2.63	0.26
2015	2.80	0.26
2016	3.00	0.27
2017	3.32	0.28

Note: GP is general-purpose. PL is private-label.

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Figure 4. Trends in general-purpose and private-label prepaid debit card and EBT payments, by number and value, 2006-17

Number

Billions

Period	GP prepaid debit cards	PL prepaid debit cards	EBT
2006	0.30	1.93	1.10
2007	0.64	2.19	1.39
2008	0.97	2.45	1.68
2009	1.31	2.70	1.97
2010	1.92	3.02	2.14
2011	2.53	3.34	2.31
2012	3.13	3.66	2.49
2013	3.51	3.89	2.53
2014	3.88	4.13	2.57
2015	4.25	4.37	2.61
2016	4.44	4.88	2.50
2017	5.29	5.36	2.42

Note: GP is general-purpose. PL is private-label. EBT is electronic benefits transfer. Prepaid debit card estimates are not available for 2000 and 2003.

Value

Trillions of dollars

Period	GP prepaid debit cards	PL prepaid debit cards	EBT
2006	0.01	0.03	0.03
2007	0.02	0.04	0.04
2008	0.03	0.04	0.05
2009	0.04	0.04	0.05
2010	0.07	0.05	0.06
2011	0.09	0.05	0.07
2012	0.11	0.05	0.07
2013	0.12	0.05	0.07
2014	0.14	0.06	0.07
2015	0.15	0.07	0.08
2016	0.15	0.07	0.07
2017	0.16	0.08	0.06

Note: GP is general-purpose. PL is private-label. EBT is electronic benefits transfer. Prepaid debit card estimates are not available for 2000 and 2003.

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Figure 5. Annual growth rates by card type, by number and value, 2012-17

Number

(CAGR) Percent

Payment instrument	2012-15	2015-16	2016-17
GP credit	8.4	10.5	10.1
PL credit	4.3	9.5	2.0
Non-prepaid debit	7.7	6.8	10.4
GP prepaid debit	10.7	4.5	18.9
PL prepaid debit	6.1	11.8	9.8
EBT	1.7	-4.4	-3.0

Note: CAGR is compound annual growth rate. GP is general-purpose. PL is private-label. EBT is electronic benefits transfer.

Value

(CAGR) Percent

Payment instrument	2012-15	2015-16	2016-17
GP credit	7.3	7.0	10.8
PL credit	-2.4	6.5	1.7
Non-prepaid debit	6.6	6.2	7.0
GP prepaid debit	10.5	2.5	5.5
PL prepaid debit	14.2	5.2	7.9
EBT	0.2	-7.3	-7.4

Note: CAGR is compound annual growth rate. GP is general-purpose. PL is private-label. EBT is electronic benefits transfer.

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Figure 6. Distribution and trends in total remote and in-person general-purpose card payments, by number and value, 2012-17

Number

Billions

Period	In-person	Remote
2012	63.0 (84.2%)	11.8 (15.8%)
2013	66.8	13.9
2014	70.8	16.4
2015	75.0 (79.6%)	19.3 (20.4%)
2016	79.1 (77.8%)	22.6 (22.2%)
2017	84.8 (75.3%)	27.8 (24.7%)

Note: Percentages show shares of total general-purpose card payments that are remote or in person for each calendar year (2012, 2015, 2016, and 2017).

Value

Trillions of dollars

Period	In-person	Remote
2012	2.82 (66.3%)	1.43 (33.7%)
2013	2.88	1.65
2014	2.95	1.91
2015	3.02 (57.9%)	2.20 (42.1%)
2016	3.12 (56.0%)	2.44 (44.0%)
2017	3.25 (53.7%)	2.81 (46.3%)

Note: Percentages show shares of total general-purpose card payments that are remote or in person for each calendar year (2012, 2015, 2016, and 2017).

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Figure 7. Growth rates of remote and in-person general-purpose card payments, by card type, by number and value, 2016-17

Number

Percent

Card type	Remote	In person
Credit	18.5	6.2
Non-prepaid debit	25.5	7.2
Prepaid debit	42.4	13.4

Value

Percent

Card type	Remote	In person
Credit	15.2	5.4
Non-prepaid debit	14.1	3.7
Prepaid debit	11.3	2.6

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Figure 8. Distribution and trends in total in-person chip and no-chip general-purpose card payments, by number and value, 2012-17

Number

Billions

Period	No chip	Chip
2012	62.9 (99.9%)	0.0 (0.1%)
2013	66.5	0.5
2014	70.0	1.0
2015	73.6 (98.1%)	1.4 (1.9%)
2016	64.1 (81.0%)	15.0 (19.0%)
2017	49.5 (58.4%)	35.3 (41.6%)

Note: Percentages show shares of total in-person general-purpose card payments that are chip authenticated or not-chip authenticated for each calendar year (2012, 2015, 2016, and 2017).

Value

Trillions of dollars

Period	No chip	Chip
2012	2.82 (100.0%)	0.00 (0.0%)
2013	2.85	0.03
2014	2.89	0.07
2015	2.92 (96.8%)	0.10 (3.2%)
2016	2.29 (73.6%)	0.82 (26.4%)
2017	1.58 (48.5%)	1.67 (51.5%)

Note: Percentages show shares of total in-person general-purpose card payments that are chip authenticated or not-chip authenticated for each calendar year (2012, 2015, 2016, and 2017).

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Figure 9. Annual growth rates of network ACH credit and debit transfers, by number and value, 2012-17

Number

(CAGR) Percent

ACH transfer type	2012-15	2015-16	2016-17
Credit transfers	5.0	5.2	6.0
Debit transfers	4.8	5.3	5.5

Note: CAGR is compound annual growth rate.

Value

(CAGR) Percent

ACH transfer type	2012-15	2015-16	2016-17
Credit transfers	5.7	5.1	7.5
Debit transfers	1.4	5.2	5.9

Note: CAGR is compound annual growth rate.

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Board of Governors of the Federal Reserve System

Federal Reserve Payments Study (FRPS)