Crypto Payments Will Drive Crypto Adoption, New Report Reveals
23 Diciembre 2021 - 10:04AM
NEWSBTC
According to a new study, more than half of Americans believe that
using crypto payment provides firms a competitive advantage. 57%
Want Bitcoin Payment According to a recent survey conducted by
payment network Mercuryo, 57% of respondents felt that taking
bitcoin payments will provide businesses a competitive advantage.
More than a third of businesses indicated that consumers had asked
to pay in Bitcoin (BTC), Ether (ETH), or another digital money,
among other facts. Customers agreed, with 58% of shoppers wanting
cryptocurrencies to be accepted as a form of payment, according to
Mercuryo’s research. It should come as no surprise that calls for
crypto payment acceptance are increasing, given that a third (34%)
of UK finance organizations currently make payments via the
blockchain. In order to compile the report, 501 key financial
decision makers in the United Kingdom were polled. Large
enterprises employing more than 250 employees made up over half of
the sample size. 40% of the responders are board or director-level
executives, with the rest being partners or business owners. The
recent announcement that Visa is introducing its own crypto
consultancy service to help clients navigate the world of
cryptocurrencies reflects this need. With fintechs clamoring to
leverage crypto technology, important industry players like Revolut
are already considering launching their own crypto exchange to
widen their offering, indicating a potential new era for the
widespread acceptance of digital currencies within the financial
services environment. Petr Kozyokov, CEO and Co-Founder of
Mercuryo, said: “Our research shows that 75% of all large companies
believe that cryptocurrencies will at some point be integrated into
all forms of financial services.” BTC trades at $48k. Source:
TradingView Related article | Croatia’s Largest Supermarket Chain
Rolls Out Bitcoin Payments Small Businesses Believe Crypto Payments
Will Replace Fiat Smaller firms, such as e-bike sellers, shoe
makers, and fintech startups, have stated their conviction in
cryptocurrencies as a corporate asset in a series of interviews on
The Situations. Despite the fact that bitcoin and cryptocurrency
payments account for a small portion of their total sales, they
claim it is a growing and valuable service. Bitpay, Coinbase, and
Block, for example, are always willing to assist businesses in
making the shift to taking cryptocurrency payments. However,
getting your paycheck isn’t as simple as it is with cryptocurrency
— a fast-growing trend that will attract top personnel in 2021.
“Internal construction of these complex crypto infrastructures
often takes years,” Kozyokov noted. “There are still barriers to
implementation that are slowing the pace of adoption,” as with new
technology. Small business owners aren’t afraid to admit that they
believe digital assets will play a role in their operations in the
coming years. Although only a tiny percentage of them already
accept Bitcoin, the majority believe that other types of assets
will be accepted in the next years. The majority of cryptocurrency
exchanges are currently being used to help with crypto payments.
According to the research, 33 percent of respondents said a lack of
clear regulatory clarity in the market is a barrier to
participation, while 27 percent said scams are a concern, and 28
percent are concerned about exchange rate volatility. Related
article | Calls For Tesla To Resume Bitcoin Payments As Mining
Reaches 57% Renewable Energy Featured image from Shutterstock.
Chart from TradingView
Maker (COIN:MKRUSD)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Maker (COIN:MKRUSD)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024