Crypto Is Moving Into the Payments Mainstream, a New Study Finds – Digital Transactions
Merchants and consumers are embracing cryptocurrency as a mainstream payments option, according to a study from the National Cryptocurrency Association and PayPal Holdings Inc.
Some 39% of merchants surveyed accept cryptocurrency at checkout, while 84% believe crypto payments will become common in the next five years, the study says. A key driver of merchant adoption of crypto as a payment option is consumer interest in paying with the digital currency. Among the merchants surveyed, 88% said they have received customer inquiries about paying with crypto, and 69% said customers want to use crypto at least once a month. In addition, 79% of merchants indicated accepting crypto could help them attract new…
