Claire Greene and Joanna Stavins
December 2019

This report contains key results from the Diary of Consumer Payment Choice (DCPC), the fifth in a series of diary surveys that measure payment behavior through the daily recording of U.S. consumers' spending. It includes estimates of the number, value, and average value of payments that all U.S. adult consumers made using the various U.S. payment instruments. It also includes estimates of cash held on person by denomination of currency, and it discusses changes in payment choice and cash holdings from 2017 to 2018.

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JEL classifications: D12, D14, E42

Key words: cash, checks, checking accounts, debit cards, credit cards, prepaid cards, electronic payments, payment preferences, Diary of Consumer Payment Choice