|
Elite Payment Systems offers a unique product that utilizes our direct debit
network contracts, enabling a higher level of service to our merchants.
In addition to the sales and security benefits, debit cards are becoming
increasingly popular.
Debit Card Fact Sheet
- Over the last two decades, non-cash payments have more than doubled in volume from 37 billion to 80
billion. (Federal Reserve)
- Credit and debit cards account for 90 percent of Web-based purchases, which reached $10.5 billion
during the 2001 holiday season.
(Credit Card Management)
- Debit card use is estimated to grow 287 percent this decade. (Nilson Report)
- In the first nine months of 2001, debit card transactions rose 26.3 percent from the same period one year ago
to 4.8 billion. (ATM & Debit News)
- Industry analysts expect debit-payment processing to grow 20 percent annually through 2005.
(JP Morgan Chase)
- At the end of 2001, an estimated 153 million debit cards were in use, an increase of 14 percent from 2000.
(ATM & Debit News)
- The number of bank card transactions is estimated to grow 81 percent this decade to more than 17 trillion.
(Nilson Report)
|
