Paper Check Usage Is in Freefall
The federal government’s efforts to phase out checks comes at a time when check usage is already in sharp decline. From 2015 to 2024, check payments dropped from 6% to 2.5% of consumer transactions, according to data from the Atlanta Fed. The study underscores how broad and consistent the decline has been. Consumers across all […]
Beyond Plastic: Why Digital Cards Are the Future of Credit
Digital cards saw a significant boost in adoption during the pandemic, initially driven by necessity. However, it quickly became clear that hygiene was just one of many benefits—and not even the most compelling one. Both consumers and retailers have found digital to be faster, more cost-effective, and more efficient than traditional physical options. In a […]