Recent Payment Trends in the United States
| 6. Checks deposited and presented electronically through the Reserve Banks, 2005-2008 | ||
| Percent | ||
| Year and month |
Deposited electronically (FedForward) |
Presented electronically (FedReceipt) |
|---|---|---|
| 2005 | ||
| January | .2 | .0 |
| February | .3 | .0 |
| March | .5 | .0 |
| April | .8 | .0 |
| May | 1.0 | .0 |
| June | 1.4 | .0 |
| July | 1.8 | .0 |
| August | 2.1 | .0 |
| September | 2.7 | .0 |
| October | 3.3 | .0 |
| November | 4.2 | .2 |
| December | 4.9 | .4 |
| 2006 | ||
| January | 5.7 | .7 |
| February | 6.6 | .9 |
| March | 7.4 | 1.4 |
| April | 8.8 | 1.9 |
| May | 10.4 | 2.7 |
| June | 12.6 | 3.9 |
| July | 14.3 | 4.9 |
| August | 16.4 | 6.5 |
| September | 19.0 | 8.4 |
| October | 21.8 | 10.3 |
| November | 23.7 | 14.0 |
| December | 25.8 | 14.5 |
| 2007 | ||
| January | 27.3 | 13.7 |
| February | 29.6 | 15.7 |
| March | 31.9 | 17.8 |
| April | 34.6 | 21.3 |
| May | 38.3 | 24.1 |
| June | 41.3 | 26.2 |
| July | 44.0 | 28.7 |
| August | 47.0 | 30.8 |
| September | 49.8 | 34.2 |
| October | 52.5 | 36.0 |
| November | 55.3 | 40.2 |
| December | 57.5 | 39.0 |
| 2008 | ||
| January | 59.3 | 39.8 |
| February | 61.8 | 41.6 |
| March | 64.9 | 43.7 |
| April | 68.5 | 46.2 |
| May | 71.3 | 50.8 |
| June | 74.4 | 53.2 |
Source: Federal Reserve System Retail Payments Office.