As of December 2014,which of the following accounts for the highest volume of noncash transactions in the United States?
A)Checks.
B)Card payments.
C)Debit transfers.
D)E-money payments.

Question

Quizplus · Accepted Answer

According to the Federal Reserve Payments Study 2016, card payments (credit and debit) account for the highest volume of noncash transactions in the United States, followed by checks and then ACH (automated clearinghouse) transfers. E-money payments, such as mobile payments and online wallets, account for a smaller volume of noncash transactions.

As of December 2014,which of the Following Accounts for the Highest