Cards will be responsible for 30% of U.S. consumer payments in 2000, up from 25% in 1997, according to Mentis Corp.

Debit cards will fuel this growth. Mentis said debit transactions increased 460% from 1993 to 1997, reaching 3.2 billion payments.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.