Document Controls
For Financial Services Professionals
| Primary Analyst Photo | Document Information | Rate this Document |
|---|---|---|
|
May 12, 2004 Fear Of Debt Drives Debit Card Usageby Gregory N. Flemming, Ph.D. with Catherine Graeber, Demetrios Frangos |
Average: 10
(1 rating)
|
This is an excerpt
Executive Summary
A growing number of US consumers now use a debit card instead of a credit card for most of their card-based purchases, fueling a rapid rise in debit card volume over the past several years. Surprisingly, the increased use of debit cards has not displaced traditional payment methods like cash and checks. The reason? Many consumers, especially those paying off credit card balances, are switching to debit cards to get or stay out of debt.
This is an excerpt
Buy Risk-Free
Price: US $499
Our Service Guarantee: If you are not completely satisfied with this document, notify Forrester within 24 hours of purchase for a full refund.
Already a Forrester Client?
Log in to read this document.
