“The amount of debit cards is growing at a faster rate than that of credit cards, according to RBR’s Global Payment Cards Data and Forecasts to 2021 study,”…
Study: Debit Cards Keep Outpacing Their Credit Counterparts

“The amount of debit cards is growing at a faster rate than that of credit cards, according to RBR’s Global Payment Cards Data and Forecasts to 2021 study,”…
“Is this the beginning of the end for cash?,” a recent article in Marketwatch asks. No, we’re not talking about governments yanking currency and forcing everyone into an electronic payment system.
That may be the most germane quote — the “takeaway” if you will — from an interview that Nitin Sumangali did regarding MasterCard Global Insights’ recent white paper on consumer spending habits and whether they’re still in a “recession mindset.”
A debit card is the alternative to credit for customer purchases. While many consumers carry plastic regularly, not all can…