In February 2013, Moody’s Analytics released a study regarding the impact of electronic payments on the global economy. Findings concluded that the growth in the use of electronic payment products, such as credit and debit cards, added $983 billion to the Gross Domestic Product (GDP) of the 56 countries examined between 2008 and 2012. This card penetration is equivalent to creating 1.9 million jobs globally during the period of study.