Financial Services & Insurance Research News

Research focused on the demand analysis of USA cards and payments market to 2021

Financial Services Market Research

USA Cards And Payments Market - Transaction Value, Volumes, Historical Trends, Analysis And Forecasts (2017 -2021)


According to the report “USA Cards And Payments Market - By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - Transaction Value, Volumes, Historical Trends, Analysis And Forecasts (2017 -2021)” published by Market Data Forecast, the United States market with around 1,205.9 million cards in circulation holds the second place of global payment cards market after China. The most commonly used payment cards in the nation are Debit card and Credit card.

Pay later cards (Credit cards) are mostly used for average to expense level purchases, whereas, pay now cards (Debit cards) are used for minimal transactions like transport or movie ticket purchases. In recent times, the other payment options gaining traction in the markets are cash transfer and prepaid or reward cards.