Are We Nearing Peak Card?

Peak Card? | Are We Nearing

: In the U.S., credit card usage reached a record 35% share of all payments in 2024, nearly doubling since 2016. The Digital Overtake

: Card purchases surpassed 1 trillion globally for the first time in 2024, valued at $45.5 trillion. Are We Nearing Peak Card?

: Year-over-year transaction volume growth slowed to 12% in 2024 , down from 15% in 2023. : In the U

The card industry reached a massive milestone in 2024, yet there are clear signals of shifting growth dynamics: : In the U.S.