The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetar

Board of Governors of the Federal Reserve System

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2024-11-15 19:30:12

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

Review of Monetary Policy Strategy, Tools, and Communications

The Federal Reserve Payments Study (FRPS) is an ongoing effort to quantify aggregate noncash payment volumes. Data reported here is from the Networks, Processors, and Issuers Payments Surveys (NPIPS), which include a census of major general-purpose card networks, private-label card issuers and processors, and processors involved with other types of emerging and alternative payment methods and systems.

This data release contains estimates of the number and value of general-purpose card payments, private-label card payments, and payments made with various alternative payment methods and systems from 2015 to 2022. Estimates encompass payments made by U.S. consumers, businesses, and governments. Revised data in this release supersede previously published data.

Note: All estimates are on a triennial basis, except that card payments were estimated for every year since 2015. Credit card payments include general-purpose and private-label versions. Prepaid debit card payments include general-purpose, private-label, and electronic benefits transfer (EBT) versions. Estimates for prepaid debit card payments are not available for 2000 or 2003. The points mark years for which data were collected and estimates were produced. Lines connecting the points are linear interpolations.