The Federal Reserve Payments Study tracks and reports aggregate estimates of payment volumes, payments fraud, and related information in the United States, offering a periodic benchmark to policymakers, the industry, and the public. The Federal Reserve Bank of Atlanta sponsors the study on behalf of the Federal Reserve System and partners with the Federal Reserve Board of Governors to conduct it.
The study reports the aggregate number and value of noncash payments made by US consumers and businesses, including for-profit and not-for-profit enterprises and local, state, and federal governments. The value and number of checks, automated clearinghouse (ACH) transfers, and payments made with prepaid debit cards, nonprepaid debit cards, and credit cards are estimated using data from payment service providers. Recent studies also collected information on payments fraud, cash withdrawals and deposits, wire transfers, and emerging payment methods.
Current data is at Federal Reserve Payments Study (FRPS) on the Federal Reserve Board of Governors website.