2min chapter

Animal Spirits Podcast cover image

No Soft Landing (EP.282)

Animal Spirits Podcast

CHAPTER

How Many People Use Non-Bank Online Payments?

46.4% of Americans rely on non-bank online payment providers, according to FDIC's new survey of the unbanked. Single people are more likely to carry more debt as well, which is surprising. Usage of non-bank payment providers is concentrated among the wealthier and more educated.

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