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40% intend to use crypto for payments in the next year: Mastercard survey

May 5, 2021. Summarized by summa-bot.

Compression ratio: 36.7%. 1 min read.

A MasterCard survey of over 15,000 people across the globe has revealed a growing interest in cryptocurrencies.

A survey by credit card giant Mastercard has revealed that four in ten people plan to use cryptocurrency for payments within the next year.

The move to expand access to cryptocurrencies has already begun — in mid-February Mastercard announced that it would support digital asset payments for its almost one billion users to use at more than 30 million merchants.

The pandemic has changed the way people think with regards to digital payments, it continued, adding that findings show 93% of people will consider using at least one emerging payment method, such as cryptocurrency, biometrics, contactless, or QR code, in the next year.

Craig Vosburg, Chief Product Officer at MasterCard, stated that the company needs to enable all payment methods, including cryptocurrencies, going forward:

by summa-bot

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