bitpay - Paying With Cryptocurrency: Can Crypto At Checkout Become A Profit Center For Merchants? - August 2022 - A deep look at cryptocurrency investors — and the key motivations driving them

Paying With Cryptocurrency: Can Crypto At Checkout Become A Profit Center For Merchants?

Report: Crypto Winter Hasn’t Chilled Consumer Interest in Buying Crypto 

Buy low, sell high seems to be the consumer mantra as a new study finds that 56% of consumers still want to buy it, nearly half of 2,334 respondents view it as an investment and more than 40% want to use it to make payments, according to the latest “Paying With Cryptocurrency” report, a PYMNTS and BitPay collaboration.

Inside the August Report

  • 21%: Share of bridge millennials that are extremely likely to purchase crypto in the next year
  • 15%: Share of respondents that say they are motivated to buy crypto out of “fear of missing out”
  • 48%: Share of consumers that say they want to invest in crypto to make money

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