A new study shows consumers are moving away from credit cards and toward debit cards.
Credit card use was at 56 percent, down from 87 percent in 2007.
For the first time, the total volume for Visa debit cards overtook credit cards, and analysts expect that trend to continue.
They say users have cut back on their credit card usage, while increasing the use of not only debit cards, but re-loadable prepaid debit and gift cards as well.
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Debit card use finally outpaces credit cards
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Alabama's13.com
Published: September 09, 2010
Published: September 09, 2010
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