bitpay - Shopping With Cryptocurrency: Tech-Driven Consumers Drive Market Acceptance - October 2022 - Learn how consumers’ level of technology usage influences their decisions about using crypto during the checkout process

Shopping With Cryptocurrency: Tech-Driven Consumers Drive Market Acceptance

Are Tech-Driven Consumers the Gateway to Wider Crypto Usage?

Tech-savvy consumers are using crypto not only for investment: 26% would switch merchants just to shop where it is accepted. In “Shopping With Cryptocurrency: Tech-Driven Consumers Drive Market Acceptance,” a collaboration with BitPay, PYMNTS surveys 2,333 consumers to uncover how tech-driven consumers are impacting crypto’s future at checkout and detail how merchants can best position themselves to benefit.

Inside the October Report

  • 42% of tech-driven consumers buy cryptocurrency for investment purposes
  • 33% of tech-driven consumers buy cryptocurrency to use it for shopping
  • 20% of tech-driven consumers buy cryptocurrency to avoid missing out

    By completing this form, you agree to receive marketing communications from PYMNTS and consent to the sharing of your information with our sponsors, where applicable, in accordance with our Privacy Policy and Terms and Conditions. Sponsors may use this information to contact you directly. You may update your preferences or withdraw your consent at any time.

    to our daily newsletter, PYMNTS Today.

    Cryptocurrency Report