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Transaction facts & stats

4 sourced facts about how people pay for things, each with the context behind the number. 4 more are in today's round and appear here after it closes.

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How many U.S. debit cards were in circulation in 2018?

Answerabout 5.836 billion

There were about 5.836 billion debit cards in circulation in the U.S. in 2018, of which 71.7% were prepaid cards.

Source: Wikipedia (Debit card) (2018) en.wikipedia.org

In Australia in 2019, contactless payments accounted for about what share of point-of-sale credit card purchases?

Answerabout 4 out of 5 (4 in 5)

By 2019, contactless payments made up about 4 out of 5 point-of-sale credit card purchases in Australia, among the highest adoption rates in the world.

Source: Wikipedia (Contactless payment) (2019) en.wikipedia.org

As of October 2021, about how many contactless-enabled cards were in use in the UK?

Answerover 142 million cards

The UK had more than 142 million contactless-enabled cards and over 147,000 contactless terminals in use as of October 2021.

Source: Wikipedia (Contactless payment) (2021) en.wikipedia.org

Back in 2001, debit cards made up 9% of U.S. purchase transactions. By what year was that share projected to roughly double, to 18.82%?

Answer2011

Debit card use was projected to roughly double from 9% of purchase transactions in 2001 to 18.82% by 2011, as cards steadily replaced cash and checks.

Source: Wikipedia (Payment) (2011) en.wikipedia.org

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