The use of electronic payments can have a positive impact on national economies, with nearly $127 billion added to the U.S.'s gross domestic product (GDP) in the past four years, according to a study conducted for Visa by Moody's Analytics.

The boost in GDP has been enough to provide nominal support to the tepid economic recovery. From 2008 to 2012, global real GDP was 1.8 % per year. Without increased card use, that growth would have been about 1.6% per year, Moody's Analytics said.

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry