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Kaspersky Labs: 13 percent have used cryptocurrency as a payment method

  • The survey said that 13% of people across the globe have used crypto as a payment method.
  • Debit/Credit cards remain the kings of payment methods.

Kaspersky Labs held a survey across 12,000 consumers in 22 different countries. The results show that an impressive 13% of the people have used cryptocurrency as a payment method. Credit/Debit cards remain the champions in this category though as 81% of the respondents said that they prefer paying via cards.

Commenting on results, Vitaly Mzokov of Kaspersky Lab said:

“Despite a fall in cryptocurrency prices, there is still a strong desire for digital transactions amongst consumers. Our consumer research has found that 13% of people have used cryptocurrency as a payment method, which was surprising to see.”

This study points out two things:

  • A portion of internet shoppers has no problem using crypto as payment method despite the current bear market.
  • The results counter the mainstream narrative that cryptos fund no utility in the online retail arena.

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