This bar chart showcases the trend in the use of cheques and electronic payments in New Zealand and the data ranges from 1993 to 2003. The percentages of the different contemporary payments are being measured.
Use of cheques is evidently decreasing in a linear fashion; in the year 1993, around 54% of the people used cheques, whereas the percentage drops to nearly 12% in the year 2003. On the other hand, the use of direct debit cards and credit cards are on the rise from 1993. Both payment types start with less than 10% in 1993, however direct debit card usage has increased at a greater rate than credit cards. In 2003, almost 40% of the people surveyed used debit cards, nevertheless, the popularity of credit cards is on par with the cheques, maybe a tad bit greater.
In conclusion, the use of cheques is on the negative trend. Conversely, direct debit cards and credit cards are on the rise, with debit cards leading eminently.
This bar chart showcases the trend in the
use
of
cheques
and electronic payments in New Zealand and the data ranges from 1993 to 2003. The percentages of the
different
contemporary payments are
being measured
.
Use
of
cheques
is
evidently
decreasing
in a linear fashion
; in the year 1993, around 54% of the
people
used
cheques
, whereas the percentage drops to
nearly
12% in the year 2003.
On the other hand
, the
use
of direct debit
cards
and
credit
cards
are on the rise from 1993. Both payment types
start
with less than 10% in 1993,
however
direct debit
card
usage has increased at a greater rate than
credit
cards
. In 2003, almost 40% of the
people
surveyed
used
debit
cards
,
nevertheless
, the popularity of
credit
cards
is on par with the
cheques
, maybe a tad bit greater.
In conclusion
, the
use
of
cheques
is on the
negative
trend.
Conversely
, direct debit
cards
and
credit
cards
are on the rise, with debit
cards
leading
eminently
.