The Secret of Debit's Success? Adapting to Changes
Consumers continue to choose debit, even as new payment channels emerge. View the infographic to see why.
U.S. consumers conducted nearly 88 billion debit transactions in 2021, according to the most recent Federal Reserve Payment Study. This represents a 56% increase over 2015 levels.
Despite being a mature consumer product, debit continues to grow at a healthy pace. A number of factors are driving this ongoing increase in debit use. Chief among them are a lasting consumer preference for debit and the industry’s investments in the payment form, which have enabled it to adapt to changes in technology and consumer use.
View or download the infographic below to get the details on how debit has adapted to achieve enduring growth.