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FDIC Banking Review
Table 3 Annual Number of Noncash Payments 2000 and 2003 |
| |
2000 Estimate ($ billions) |
2003 Estimate ($ billions) |
Compound Annual Growth Rate (percent) |
| Check |
$41.9 |
$36.7 |
4.3 |
| Credit Card |
15.6 |
19.0 |
6.7 |
| ACH |
6.2 |
9.1 |
13.4 |
| Offline Debit |
5.3 |
10.3 |
24.9 |
| Online Debit |
3.0 |
5.3 |
21.0 |
| Electronic Benefits Transfer |
0.5 |
0.8 |
15.4 |
| Total Noncash Payments |
$72.5 |
$81.2 |
3.8 |
| Source: Federal Reserve System |
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