Latest Research Shows Cryptocurrency Payments Widely Accepted
Latest Research Shows Cryptocurrency Payments Widely Accepted
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- Research shows 35% of 2,333 consumers prefer merchants accepting crypto payments.
- 42% of tech-driven consumers buy cryptos for investment purposes while 33% buy them for shopping.
- Bitcoin is the most popular crypto transaction method followed by Litecoin.
As per the latest research conducted among 2,333 tech-driven consumers, more than 1 in 3 (35%) prefer merchants accepting crypto payments. The research was conducted in collaboration with the crypto-processing platform BitPay.Twenty-six percent of this research population believe they would even consider switching merchants to shops where crypto is accepted. While 1 in every 4 (23%) tech-focussed consumers said they prefer merchants that accept crypto. The growing figures thus, seem to be positive in the way people are opening up to adopting cryptocurrencies on a large scale.
.@Pymnts sat down with the CEO of crypto processing platform @BitPay, to discuss where he sees blockchain-based payments going in t …
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