Survey Results: 96% of Merchants Would Recommend Bitcoin to Peers

Survey Results: 96% of Merchants Would Recommend Bitcoin to Peers

This is the final instalment of a three-part series aimed at learning more about the merchants who accept bitcoin and support the wider digital currency ecosystem. The results are based on a survey issued on 17th March that received more than 200 responses. Part One of this series sought to better define the merchants who are taking part in the bitcoin ecosystem, while Part Two examined the sales successes these businesses have been able to achieve to date. So far, our merchant survey has defined the types of businesses operating in the bitcoin space and examined the effect that bitcoin....


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Survey Results: 25% of Bitcoin Merchants Enjoy 10% Sales Boost

This is Part Two of a three-part series aimed at learning more about the merchants who accept bitcoin and support the wider digital currency ecosystem. The results are based on a survey issued 17th March that received more than 200 responses. Part One of this series sought to better define the merchants who are taking part in the bitcoin ecosystem. In the first installment of our merchant survey, we uncovered that the majority - 59% - of merchants are accepting bitcoin to better support the bitcoin ecosystem. However, the bigger takeaway from this statistic is that the main driver of....

Survey Results: 59% of Merchants Accept Bitcoin to Boost Ecosystem

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85% of merchants see crypto payments as a way to reach new customers: Survey

The crypto payment report noted that crypto payment fees are around 1%, which is much lower than other payment options that charge between 1.5% and 3.5% While the market goes steady, the crypto ecosystem continues to grow as merchants innovate and adopt cryptocurrency payments in their quest to gain new customers. Data platform PYMNTS collaborated with Bitpay to survey merchants, in an attempt to understand the trends on what the participants expect from digital currencies and their effect on payments and businesses. In the report titled "Paying With Cryptocurrency," the researchers found....

Deloitte Survey Clearly Shows Crypto Payments Are The Next Big Thing In Commerce

A new Deloitte survey titled “Merchants getting ready for crypto” contains extremely bullish news. It clearly shows that businesses of all sizes are getting ready for all kinds of crypto payments. And the vast majority believe that they will become ubiquitous in the next few years. Merchants, they are just like us. Deloitte produced the survey in association with PayPal, which is telling and arises questions.  “Survey respondents are very optimistic about digital currencies in the consumer market, reporting broad agreement that accepting digital currency payments is already a point of....

The 2016 Bitcoin Survey Supports 11 Different Languages

One of the main questions people often wonder about is who is using Bitcoin these days. The 2016 Bitcoin Survey by the Bitcoins in Ireland team will bring us one step closer to find out the answer as a total of eleven different languages are now supported. Even though the results of the 2016 Bitcoin Survey will not be able to tell the complete story as....