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From the April 2012 Issue.
Over the past several decades, credit card usage has grown steadily, both in the number of transactions and the dollar volume. According to the GAO (GAO-10-45, Nov 19, 2009), between 1993 and 2007, Credit Card usage grew from 11 Billion transactions, representing $620 Billion dollars to 29 Billion transactions, representing $1.9 trillion. The following data collected by www.creditcards.com shows the dollar volumes by card issuer during 2010, totaling nearly $2.9...
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