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Seen as a way to generate significant savings in administrative costs-$20 to $30 per transaction-purchase card use and the number of cardholders has soared during the last 10 years.
| Fiscal Year | Cardholders |
|---|---|
|
1989 $460,000 purchases |
10,489 |
| 1990 | 18,926 |
| 1991 | 30,336 |
| 1992 | 44,532 |
| 1993 | 74,591 |
| 1994 | 82,804 |
| 1995 | 130,353 |
| 1996 | 209,295 |
| 1997 | 264,505 |
| 1998 | 340,078 |
| 1999 | 517,015 |
| 2000 | 670,374 |
| 2001 | 406,290 |
|
2002 $15.2 billion purchases |
392,576 |
Source: GSA
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