Large Businesses Driving Crypto Payments Adoption, PayPal Survey Finds
Key Takeaways
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About 4 in 10 U.S. merchants (40%) now accept crypto at checkout, PayPal and the National Cryptocurrency Association said, citing a Harris Poll survey.
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50% of merchants with over $500 million in annual revenue accept crypto, versus 34% of small businesses and 32% of midsize firms.
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Merchants say customers are asking to pay with crypto, but most want setup and checkout to be as easy as taking card payments.
PayPal and the National Cryptocurrency Association said crypto payments are moving from edge-case experimentation toward routine checkout, with adoption strongest among large enterprises.
In a report released Tuesday, the groups said 39% of U.S. merchants surveyed already accept cryptocurrency, and 84%…
