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Mastercard: 93% of consumers are considering emerging payments such as digital currencies

source-logo  ccnews24.net 04 May 2021 16:29, UTC

A leader in global digital payment solutions and technologies, Mastercard today announced the results of a survey conducted in 18 markets around the world.

Right at the beginning, it is more or less clear what results the company has achieved in this survey, because only the title of this report reveals a lot of "Consumer Appetite for Digital Payments Takes Off".

But let's get to the results where one of the first and most exciting is to find that 93% of people will consider using at least one emerging payment method, such as cryptocurrency, biometrics, contactless, or QR code, in the next year.

Another finding is, for example, the response to the ongoing COVID-19 pandemic, where almost two thirds of respondents (63%) said that this situation forced them to try new and more flexible payment options. More than half of consumers would even avoid businesses that do not accept any of the electronic payments at this time.

As cryptocurrency technology stands out in this respect, another part of the survey was more focused on questions directly related to them.

Regarding the use of cryptocurrencies in the coming year, up to 40% of respondents in North America, Latin America and the Caribbean, the Middle East and Africa, and Asia Pacific said they were interested.

However, since the survey did not focus only on the audience according to demographics but also according to the year of birth, and among the respondents were mainly Millennials and thus born between 1981 and 1996.

Millennials around the world are clear about cryptocurrency and up to 67% agree that they are currently more open to the use of cryptocurrencies than a year ago.

This generation also increases the interest in education regarding cryptomens, where up to 77% of respondents are interested. Millennials also said that if they understood the cryptocurrency more, they would like to use it, with 75% voted in favor.

This survey took the form of an online interview with 15,569 consumers in 18 countries in four regions worldwide.

ccnews24.net