Americans use cash for a smaller share of payments now than in 2015
% of payments made with …
Note: “Other” includes money orders, prepaid/gift/EBT cards, payments using a bank account number, online banking bill payments, payments made with money stored in a mobile payment app, account-to-account transfers, income deductions, multiple payment methods for a single payment, unreported payment methods and other responses that the Federal Reserve could not categorize.
Source: Federal Reserve Bank of Atlanta, Survey and Diary of Consumer Payment Choice.
PEW RESEARCH CENTER
Americans use cash for a smaller share of payments now than in 2015
% of payments made with …
| Year | Cash | Debit card | Credit or charge card | Other |
|---|---|---|---|---|
| 2015 | 33 | 29 | 18 | 19 |
| 2016 | 31 | 27 | 18 | 23 |
| 2017 | 30 | 26 | 21 | 22 |
| 2018 | 26 | 28 | 23 | 23 |
| 2019 | 26 | 31 | 24 | 20 |
| 2020 | 19 | 28 | 27 | 26 |
| 2021 | 19 | 29 | 28 | 23 |
| 2022 | 17 | 29 | 31 | 22 |
| 2023 | 16 | 30 | 32 | 22 |
| 2024 | 14 | 30 | 35 | 22 |
| 2025 | 14 | 31 | 34 | 21 |
Note: “Other” includes money orders, prepaid/gift/EBT cards, payments using a bank account number, online banking bill payments, payments made with money stored in a mobile payment app, account-to-account transfers, income deductions, multiple payment methods for a single payment, unreported payment methods and other responses that the Federal Reserve could not categorize.
Source: Federal Reserve Bank of Atlanta, Survey and Diary of Consumer Payment Choice.
PEW RESEARCH CENTER
