NEWS on Payments

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Remote Payments Rose in ’17: Fed

Dec 21, 2018
Remote payments claimed a greater share of total general-purpose card payments in 2017 compared to prior years, the Federal Reserve reported. The Fed’s 2018 payments study supplement also found that the number of in-person, chip-authenticated card payments posted substantial gains from 2016 to 2017 and that network ACH growth accelerated.

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