Download or read book How and Why Do Consumers Choose Their Payment Methods? written by Stacey L. Schreft and published by DIANE Publishing. This book was released on 2010-11 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: The set of payment options has expanded over time. Today, consumers¿ wallets often hold currency, checks, multiple credit cards, debit cards, and perhaps even stored value cards. This report provides an overview of the literature on consumer payment behavior. It considers the state of our understanding of how and why consumers choose their payment methods and what is needed to make more headway in understanding consumer payment decisions. It closes by discussing the policy issues that require that we make progress with payments research.