Americans Like Electronic Payments On The Road, Study Finds

Seventy-three percent of respondents surveyed as part of Visa Inc.'s 2008 U.S. International Travel Outlook study cited credit and debit cards as their preferred payment method while traveling. Western Wats conducted the telephone interviews with 1,000 adult credit or debit cardholders in May. Cash was second-highest preference, cited by 18% of respondents, followed by 7% who preferred using travelers' checks. Visa cardholders spent $2.9 billion in Canada and 1.8 billion in Mexico in 2007, according to the study.