PAPER OR PLASTIC?

LINKED NEWS ANALYSIS

Credit and debit cards have come to play a significant role in today’s economy, with consumers owning more than 566 million MasterCard and Visa cards alone as of 2004. Indeed, the use of these payment methods has long since outpaced the role of checks and even cash for most consumers. By 2004 electronic payments had exceeded payments with checks by 7.8 billion transactions. – FreedomWorks

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