2018 • No. 18–1
By Claire Greene, Scott Schuh, and Joanna Stavins

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This paper describes the results, content, and methodology of the 2012 Diary of Consumer Payment Choice (DCPC), the first edition of a survey that measures payment behavior through the daily recording of U.S. consumers' spending by type of payment instrument. In October 2012, U.S. consumers on average made about two payments per day. For the month, they paid mostly with cash (40 percent of payments) and debit cards (24 percent), followed by credit cards (17 percent).