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Survey of Consumer Payment Choice

This survey fills a gap in knowledge about the role of consumers in the transformation of payments from paper to electronic.

• Approximately 2,500 consumers are surveyed.
• Longitudinal panel.
• Assesses consumers' adoption of of nine payments instruments, including cash.
• Assesses frequency of use of the nine instruments.
• Respondents rate instrument characteristics like security, cost and convenience.

Federal Reserve Bank of Boston | (617) 973-3000
600 Atlantic Avenue | Boston, MA 02210-2204