American consumers used their credit or debit cards to purchase food from quick services restaurants more last year than during any other time in history, according to cardtrak.com, a Web site that tracks card trends and data.
The site has reported that the American consumers put $1.7 billion worth of quick serve food on their credit or debit cards in the year 2000. By the end of 2008, that number had climbed to $70.4 billion.
The site credited expanded merchant acceptance, promotion of card usage and new contactless payment options for the increase.
"The current economic turmoil has given new energy to "dollar" menus which has been driving payment card growth. Americans spend about $190 billion per year at quick service restaurants," the site reported.
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