Industry Statistics

The Financial Service Center industry is a formidable national, and economically significant, force that plays an integral role in the financial framework of millions of American households.

Through its 13,000 locations nationwide, the industry conducts more than 350 million transactions each year, providing an estimated $106 billion in various products and services to an estimated 30 million customers.

Those transactions include more than $58.3 billion in check cashing transactions, $17.6 billion in money orders sold, $8.3 billion in wire remittances, $13.2 billion in payday advances, and $5.4 billon in sales of pre-paid stored-value cards.