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Results of the Financial Insights 2008 Consumer Payments SurveyPublished by: IDC Published: Oct. 1, 2008 - 19 Pages Table of ContentsTable of Contents Financial Insights Opinion In This Report Methodology Situation Overview Survey Results: Different Trends Figure: Payment Methods Used in the Past Three Months Year-over-Year Results Closed-Loop Gift Cards Continue Decline Consolidator Bill Payment Still in the Lead Figure: Comparison of Consumer Usage Rates, 2003 and 2005-2008 Figure: Use of Single-Merchant and Multimerchant Gift Cards in the Past Three Months, 2003 and 2005-2008 Figure: Use of Consolidator Bill Payment in the Past Three Months, 2003-2008 Benefit Cards and Payroll Cards Stumble Figure: Use of Payroll and Benefit Cards in the Past Three Months, 2003 and 2005-2008 Online Payment Security Cards Continue to Increase Figure: Revised Use of Online Security Card in the Past Three Months, 2003 and 2005-2008 Highway Toll Tags - Where Are They Going? Figure: Use of Contactless Cards in the Past Three Months, 2003 and 2005-2008 Contactless Cards Continue to Grow Usage of Contactless Cards by Household Income Figure: Use of Contactless Cards in the Past Three Months by Household Income Reward Points as Influencer to Use Cards Figure: Comparison of Reward Point Influence, 2007 and 2008 Figure: Use of Card with Reward Points as an Influencer by Household Income Future Outlook Essential Guidance Actions for Financial Institutions Actions for Vendors Learn More Related Research Synopsis AbstractThis Financial Insights report summarizes the key findings of the survey of 807 respondents, aged 18 and older, conducted in June 2008 by Financial Insights. This report follows similar surveys conducted in 2003, 2005, 2006, and 2007, providing an important trend analysis. "Consumers continue to express their desire for effective payment methods," according to Dana Gould, Financial Insights senior research analyst, Payments. "Survey results should provide financial institutions with valuable guidance in developing their payments strategies." Get Full Details About This Report >> |
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