"For the first time since the Federal Reserve began tracking noncash payment data in 2000, credit card transactions grew faster than debit card transactions — a milestone buried in an otherwise record-breaking year for U.S. payments. According to initial findings from the Federal Reserve’s 2025 Triennial Payments Study released July 1, total noncash payments reached 236.6 billion transactions in 2024. That’s an increase of 31.9 billion from 2021 — the largest absolute three-year gain on record."