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

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

Millennials are big on crypto with 77% wanting to learn more. 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 survey, published on May 4 and titled ‘Consumer Appetite for Digital Payments Takes Off’, polled more than 15,500 people across 18 countries.It revealed that millennials are especially engaged in cryptocurrencies, with over two-thirds, or 67%, agreeing they are more open to using cryptocurrency than they were a year ago. Additionally, it reported that 77% of millennials are interested in....


Related News

4 In 10 People Want To Use Crypto Payments Next Year, Mastercard Survey Finds

According to a survey conducted by credit card giant Mastercard, four out of ten people expect to use cryptocurrencies for payments in the coming year. 93% Will Consider Using Emerging Payment Methods Between February 26 and March 10, Mastercard conducted an online survey and interviews with 15,569 consumers in 18 countries across four regions around […]

Mastercard Finds 4 in 10 People Plan to Use Cryptocurrency in the Next Year

Global payments giant Mastercard has conducted a survey of 15,569 consumers in 18 countries and found that 4 in 10 people plan to use cryptocurrency in the next year. Meanwhile, 93% of people will consider using at least one emerging payment method, such as cryptocurrency. Mastercard’s Crypto Survey Mastercard published on Tuesday the results of a survey it conducted online of 15,569 consumers in 18 countries in four regions worldwide between Feb. 26 and March 10. The research was conducted by The Harris Poll and Mastercard Global Foresights, Insights, and Analytics. The company....

Mastercard acquires major crypto forensics outfit CipherTrace

The global payments giant plans to incorporate the crypto intelligence project into its digital currency expansion plans. Mastercard’s focus on crypto and digital currencies appears to have taken a greater dimension given the company’s recent move.According to a release on Thursday, the global payments giant has reached an agreement to acquire CipherTrace, a blockchain intelligence firm with crypto forensics capabilities for over 900 cryptocurrencies.As part of the acquisition, Mastercard says it plans to integrate CipherTrace’s operations into its own cyber security solutions for digital....

Mastercard Adds Crypto Consulting Service in Latest Effort to Boost Cryptocur...

Payments giant Mastercard is expanding its payments-focused consulting service to include cryptocurrency. It covers “a range of digital currency capabilities, from early-stage education, risk assessments, and bank-wide crypto and NFT strategy development to crypto cards and the design of crypto loyalty programs.” Mastercard’s Crypto Consulting Service Mastercard announced Tuesday the expansion of its payments-focused consulting service. Among the new practices is one dedicated to “crypto & digital currencies,” the company wrote. Noting that it is....

Survey: Hedge Funds Intend To Hold $300 Billion In Crypto Within 5 Years

A global survey of Chief Financial Officers has revealed that hedge funds are planning to hold 7% of their wealth in crypto within the next 5 years. Reuters has described the survey results as a major vote of confidence for cryptocurrency assets within the current market environment. The Hedge Funds Crypto Survey Financial administrator Intertrust […]