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Average Value of Card-Not-Present Debit Transactions Dips, Fed Says

Average Value of Card-Not-Present Debit Transactions Dips, Fed Says

Consumers continue to spend more on their debit cards, although the rate of growth has slowed. Total debit card transaction volume and value both grew at an average rate of 4.6% per year from 2021 to 2023, the Federal Reserve Board said in its latest report on debit card transactions, which is released every [...]The post Average Value of Card-Not-Present Debit Transactions Dips, Fed Says appeared first on PYMNTS.com.

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