The Nilson Report, a noted payments industry newsletter, hasreported that debit cards lost purchase volume and transactions tocredit cards in 2012.
This seemingly small shift, if accurately calculated, wouldreverse a 20-year trend which has seen debit cards continue to takepurchase volume and transactions away from credit cards, along withchecks and cash.
The Carpinteria, Calif., firm, did not cite the source for thedata it reported in its statement on Monday.
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