Report

How Merchants Get Paid

Abstract: Using a representative sample of actual payments made by adult U.S. consumers, this article analyzes the composition of payment methods consumers use to pay for goods and services. Consumer spending is divided into 21 main merchant categories. Results show the distributions of electronic, card, and paper payment methods and the degree of payment concentration for each merchant category.

JEL Classification: D9; E42; M2;

Bibliographic Information

Provider: Federal Reserve Bank of Atlanta

Part of Series: Consumer Payments Research Data Reports

Publication Date: 2020-02-01

Number: 2020-02