16-76 As of August 2009,which of the following accounts for the highest volume of noncash transactions in the United States?
A)Checks.
B)Credit cards.
C)Debit transfers.
D)E-money payments.
E)Credit transfers.

Question

Quizplus · Accepted Answer

According to the Federal Reserve Payment Study, as of August 2009, credit cards accounted for the highest volume of noncash transactions in the United States, surpassing checks, debit transfers, e-money payments, and credit transfers.

16-76 as of August 2009,which of the Following Accounts for the Highest