Every three years, the Federal Reserve provides the public with a detailed analysis of trends that impact U.S. non-cash payments. The 2016 report offers information from 2012-2015 that includes credit card usage increases, debit transactions, fraud, and cash payments.
As cited by the Federal Reserve Policy Committee, this most recent report is the most comprehensive examination of the U.S. payments industry to date. The data collected was expanded upon to include fraud data that was not included in prior reports. This intensive report includes some of the following information and statistics in the payments space:

Card Usage is on the Rise

From 2012 to 2015, credit card usage increased 8%, a significant increase in a shorter period of time over the 5.1% reflected from 2002-2012. Debit transactions also are increasing, and prepaid card usage is up 8% annually. Combined, debit and credit transactions are growing at a rate of 7.4% per year.

Cash Payments are Declining

The most recent report and the 2013 report both reflected negative growth in ATM withdrawals. Additional Federal Reserve sources reported that only 32% of U.S. payments were completed with cash, a decrease from 40% in 2012.

ACH Network Transactions Continue to Climb

Not including debits and credits, ACH network transactions are growing 4.9% annually. P2P and other ad hoc transactions continue to support the evolution of ACH to move money faster and in more convenient ways.

Watch for Fraud

Counterfeit card fraud in the U.S. is five times higher than in neighboring Canada and in the U.K., in large part due to our later rollout of EMV. However, the UK, Canada, France, and Australia are seeing twice as much fraudulent use of account numbers originating from data breaches.
Review the full study