One Percent of US, Chinese Digital Shoppers Pay Online With Bitcoin, Altcoins
Despite the large concentration of Bitcoin and other cryptocurrency related activities in China, a new report suggests that a tiny proportion of online shoppers in the world’s most populated country use the top digital currency. The study, based on a 20-minute digital survey with a nationally representative sample of 1,000 online digital shoppers ageing 18+ in the U.S. and China, conducted between Sept. 19 and Oct. 12, 2016, says credit cards, online payment services and mobile wallet still tops the list of the most used online payment method by device among US and Chinese shoppers....
Related News
Nearly 18 percent of Brits who shop online are willing to use bitcoin some time in the future, a survey by Populous on behalf of Clarity Communications indicates. 57 percent have heard of and are aware of the digital currency's existence. The results come from a pool of about 2,065 from the United Kingdom, and the results determined that men are more aware of bitcoin than are females, not surprisingly (69 percent of males vs. 45 percent of females aware of it). Of the entire pool, just over 100 people (or 5 percent) say they've actually used bitcoin before. 29 percent said they had no....
A new poll carried out by UK-based market research firm YouGov indicates that a majority of UK shoppers would rather not pay for their merchandise using digital currency like bitcoin. The poll was conducted on behalf of Venda, an e-commerce platform. Of a sample size of 2,052 adults in the United Kingdom, 71 percent said they weren't keen on having bitcoin as a payment option. 8 percent of respondents said they wanted the option, as they felt digital currency like bitcoin is indeed a valid currency. Those in favor of paying for their goods with digital currencies had other reasons, too. 6....
A study performed by Skrill last Wednesday revealed that online shoppers will abandon a purchase for a multitude of reasons, most of which Bitcoin payments solve. The study showed one in every four consumers will quit their purchase altogether if the retailer doesn't offer their preferred method of payment. Of 2000 people surveyed, 38 percent told the online payment processor that they would leave their cart incomplete if they are forced to create an account through the site. 32 percent said if the website is asking for too much information, consumers also will not complete their purchase....
Savvy seasoned shoppers know to skip the black friday shopping mayhem for the relaxed comfort of shopping from their home on cyber monday. Cyber monday is the day online shopping skyrockets through the roof. According to Adobe Systems 2013’s Cyber Monday saw an increase of 16% from 2012 to an astonishing record $2.29 Billion in sales. (USA Today) This year, shoppers will not have to wait for Cyber Monday to get crazy discounts on their online purchases. With bitcoin, shoppers can save up to 25% shopping online with Amazon starting NOW. That’s right, anything you can buy on Amazon, you can....
At 11:00 GMT+2 on Thursday, the pioneer cryptocurrency Bitcoin crossed the $2,400 line by appreciating 10.22 percent and recording a market price of $2,419. The aftermath of last weekend's panic has seen the price going up and down like a pendulum. But this morning robust growth has returned to the cryptocurrency ecosystem. There are talks of Chinese exchanges resuming withdrawals and if that is the case then it is a good omen for the industry. For almost four months now, Chinese exchanges have suspended Bitcoin and Litecoin withdrawals. This was supposed to last for just a month when the....