BitPay - The U.S. Crypto Consumer: Cryptocurrency Use In Online and In-Store Purchases - April 2022 - Discover how digital-first consumers are using cryptocurrencies to shop with merchants online and in stores

The U.S. Crypto Consumer: Cryptocurrency Use In Online and In-Store Purchases

New Data Show Nearly 80% Of Crypto Consumers Use Bitcoin To Pay Online And In-Store

A growing interest in digital payments is making cryptocurrency an increasingly accepted way to pay, so much so that nearly 8 in 10 crypto-consumers have used bitcoin to shop online or in-store. That’s just one of the findings a survey of more than 2,300 consumers done by PYMNTS and BitPay as part of the new “U.S. Crypto Consumer: Cryptocurrency Use In Online And In-Store Purchases” reportwhich shows how crypto is now being widely used as both an investment and payment option.

Inside the April Report

  • 66%: Share of consumers who have used cryptocurrency-based debit cards or gift cards in-store
  • 26%: Share of consumers who are “very” or “extremely” interested in using cryptocurrency when making purchases from merchants that offer rewards and discounts
  • 14%: Share of high-income consumers who say they “definitely” prefer merchants that accept cryptocurrencies

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