Debit cards vs. checks.

• Author: Albro, Walt
• Position: Statistics

The average numbers of times that consumers who make both PIN-secured and signature debit purchases made a debit card transaction each month 19 The average number of monthly transactions by consumers who used only signature debit 13 The average number of transactions by those who used only their PIN-secured debit 9 The percentage of consumers who write checks for point-of-sale purchases 49 The percentage of check writers who said they used checks out of "habit". 22 The percent who used checks because of "lack of available alternatives" 19 Source: Star Systems, a Con ford EFS Inc. company Percentage of delinquencies, in dollars, for credit cards 3.0 Percentage of delinquencies, in dollars, for overdraft protection 2.8 Percentage of delinquencies, in dollars, for equity lines of credit 0.7 Source: 2003 Consumer Credit Collections Study, BenchMark Consulting International...