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Card-on-File Is the Top Use of Debit Cards, SoFi Report Says

Source: Digital TransactionsAugust 18, 2026

Using a debit card as a card-on-file payment accounted for 25% of debit transactions made in the second quarter, says the SoFi Tech Solutions Debit Spend Index. That’s up from …

Using a debit card as a card-on-file payment accounted for 25% of debit transactions made in the second quarter, says the SoFi Tech Solutions Debit Spend Index. That’s up from …