Mastercard Survey: Crypto Assets Become a Mainstay in Transactions

survey mastercard

KANALCOIN NEWS – A survey conducted by Mastercard said that four out of ten respondents hope to use cryptocurrencies as a payment method in the future.

The survey was conducted by Mastercard between February 26 – March 10, 2021. In its method, Mastercard conducted an online survey and interviewed 15,569 consumers in four different regions in 18 countries around the world.

The survey, which was published on May 4, 2021, was entitled “Consumer Appertite for Digital Payments Takes Off”. The survey was initiated by Harris Poll and Mastercard Global Foresights, Insights and Analytics.

Of the total respondents, 93% of them have considered using cryptocurrencies as a payment method.

In its report, the company from the United States explained that the index of payments made in 18 markets around the world, 93% of people would consider using at least one efficient payment method.

For example, such as crypto currency, biometrics, cashless or QR Code. Referring to the company survey, this type of payment method is the most popular in the coming year.

“In addition, now almost 90% of face-to-face transactions globally occur at merchants that support contactless systems,” reads a company statement as quoted by Kanalcoin from newsbitcoin, Sunday (8/8/2021)..

Furthermore, Mastercard stated that in the future digital currency, biometrics, contactless and QR codes will become popular trends. This trend as a payment technology that emerged because the convenience and understanding of people about paper money began to decrease.

In fact, 71% of people wish to minimize the use of cash. This is so that people can move forward and be practical in transactions.

“Looking to the future, digital currencies, biometrics, contactless and QR codes are trending payments technology because of their convenience,” wrote Mastercard management.

On the other hand, Mastercard believes that the millennial generation is quite interested in cryptocurrencies. Evidently, 67% of survey respondents stated that they are more open to using cryptocurrencies than other currencies.

Furthermore, 77% of millennials are also interested in learning about crypto assets. Uniquely, 75% agree to use digital assets if they have a good understanding of these assets.

Still referring to the newsbitcoin report, the survey results were published after Mastercard announced its plans to accept transactions through cryptocurrencies. Last February, the giant company announced that it would accept digital currency payments at more than 30 million stores worldwide.

Indirectly, the community contributed nearly one billion Mastercard cards that have access to digital payments. Most recently, last April Mastercard also partnered with Gemini as a company that focuses on the movement of crypto assets. Through this collaboration, Mastercard facilitates a crypto reward system for user credit cards.


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