Kaspersky Labs: 13 percent have used cryptocurrency as a payment method
- The survey said that 13% of people across the globe have used crypto as a payment method.
- Debit/Credit cards remain the kings of payment methods.
Kaspersky Labs held a survey across 12,000 consumers in 22 different countries. The results show that an impressive 13% of the people have used cryptocurrency as a payment method. Credit/Debit cards remain the champions in this category though as 81% of the respondents said that they prefer paying via cards.
Commenting on the results, Vitaly Mzokov of Kaspersky Lab said:
“Despite a fall in cryptocurrency prices, there is still a strong desire for digital transactions amongst consumers. Our consumer research has found that 13% of people have used cryptocurrency as a payment method, which was surprising to see.”
This study points out two things:
- A portion of internet shoppers has no problem using crypto as payment method despite the current bear market.
- The results counter the mainstream narrative that cryptos fund no utility in the online retail arena.
Author
Rajarshi Mitra
Independent Analyst
Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.
