Mastercard Study: 40% of Users are Ready for Cryptocurrency Payments

Mastercard Study: 40% of Users are Ready for Cryptocurrency Payments

Mastercard Study: 40% of Users are Ready for Cryptocurrency Payments

American financial behemoth Mastercard submitted the results of its study on digital payments. The company underlined the growing interest in crypto payments amongst 15,570 company customers surveyed in 18 countries from around the world.

According to the published results, 40% of consumers from four continents (North America, South America, Asia, and Africa) have stated they intend to use crypto assets for payments in the coming year.

Mastercard emphasized the growing recognition of crypto payments amongst millennials located in the Middle East and Africa, as 66% of these users decided to use cryptocurrency for transactions. Furthermore, about 78% of millennials are involved in learning about the crypto market.

“Now, consumers can purchase, market, and exchange cryptocurrency as a commodity or investment. Customers also more and more demonstrate an interest in the capability to expend crypto assets on day-to-day acquisitions.

As worldwide interest in cryptocurrencies as a payment tool continues to rise, 4 in 10 people in North America, Latin America and the Caribbean, the Middle East and Africa, and the Asia Pacific say they intend to apply for cryptocurrency payments next year,” – the official statement reads.

In February 2021, Mastercard revealed its plans to integrate cryptocurrency payments on its system within the current year.