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> the estimated $1.4bn worth of card transactions that Americans make annually This article seems to be off by a factor of 1000 on this number. $1.4 billion in
by DevX101 12y ago
> the estimated $1.4bn worth of card transactions that Americans make annually
This article seems to be off by a factor of 1000 on this number. $1.4 billion in debit card transaction for the U.S. doesn't pass the sanity check ($10 in annual debit transactions per U.S. household??). Source below confirms the number should be 1-2 trillion, not billion.
http://www.marketwatch.com/story/us-2013-credit-and-debit-card-purchases-increased-8-over-2012-2014-02-18 http://www.marketwatch.com/story/us-2013-credit-and-debit-ca...
- Oletros 12y agoThe Guardian is from UK, perhaps they are not using the American billion but the one that means 1E12