Debit cards. Debit cards. (Image: Shutterstock)

For the first time since 2011, debit cards gained market share in 2018 in terms of U.S. purchase volume, according to new data from The Nilson Report. Debit cards accounted for 40% of purchase volume in 2018, it said.

Credit, debit and prepaid cards in the United States together accounted for about $6.7 trillion of spending on goods and services in 2018, the company said. Credit cards were 54.9% of all purchase volume, down from 55.07% in 2017.

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