The credit card industry hoped for a bonanza in federal and state governments' increasing acceptance of plastic in recent years, but it hasn't happened overnight.

There has been some progress, though. For example, the U.S. Defense Commissaries, a $5.8 billion enterprise serving the military, recently agreed to expand acceptance from just seven to all of its 353 locations worldwide within two years.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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