A survey by credit card provider Mastercard shows that a growing number of consumers prefer using cryptocurrency when making their purchases. Mastercard’s New Payments Index polled more than 15,000 online respondents from North America, Latin America, the Asia Pacific region, The Middle East, Africa, and the Caribbean.
The study shows 40% of those polled plan to use cryptocurrencies for their purchases in the next year. It adds that millennials are most likely to shift to crypto, with the age group showing the highest interest in understanding the technology.
“While consumer interest in cryptocurrency – especially floating digital currencies such as Bitcoin – is high, work is still required to ensure consumer choice, protection, and their regulatory compliance.” the Mastercard survey said.