A recent article from the Associated Press reported that an increasing number of Americans are using debit cards due to the difficult economy. This is good news from companies like IBS Elite. Here are some excerpts from the article:

Visa Inc. said that debit card growth is coming at the expense of cash and checks versus credit cards. And MasterCard Worldwide said consumers are increasingly paying with plastic — debit or credit — at the expense of cash and check, but didn’t break out which portion was debit cards.