As of January 2012, 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.
E)Credit transfers.

Question

Quizplus · Accepted Answer

According to a report by the Federal Reserve, as of January 2012, card payments accounted for the highest volume of noncash transactions in the United States, followed by checks and then electronic transfers (including debit transfers and credit transfers). E-money payments were not yet a significant portion of noncash transactions at that time.

As of January 2012, Which of the Following Accounts for the Highest