Deloitte in collaboration with PayPal has carried out a survey called “Merchant Attitude to Digital Currency” involving 2000 senior executives at retail organizations across the United States. The result shows that about 85% of the surveyed merchants expect that cryptocurrency will be everywhere in five years’ time. [source]
The survey proves that cryptocurrencies are a high priority for businesses moving forward. Over 85% of the group surveyed gave high or very high priority to enabling cryptocurrency payments. 83% of those in favor are interested in stablecoins. While 75% of surveyed plan to accept crypto or stablecoin payments in the next two years.
Apart from acquiring customers, enabling crypto payments is one of the easiest ways to diversify and expand business audiences. Based on interviews with a number of crypto consumers, the simple fact of accepting cryptocurrency is the primary motivating factor to bring crypto-spenders to businesses.
It’s not new that businesses diversify their payment options due to demand. Crypto payments aren’t to be approached any differently. People continuously trade crypto for both low and high-value items for everyday goods and services. Despite this, crypto spenders are still a generally untapped client base – but the crypto spending audience doesn’t cease to grow and it’s considered wise to tap in. Although goods and services paid for with crypto are on a rise, facilitating those transactions is a key part of the expanding demand.
[Read more about the demand for crypto payments here]
As of 2021, crypto is the fastest-growing consumer segment in the world. Nobody wants to be stuck on the sidelines; it’s time to play ball! There are many companies that accept cryptocurrency already. With blockchain developments appearing day by day it’s never too early to secure your place in the crypto payment game; ForumPay is the best bet when compared to other solutions and competitors.
ForumPay allows businesses to accept crypto payments from any digital wallet and with any cryptocurrency. The main benefit of accepting crypto is accessing the crypto market overall – not just a fraction of it!
ForumPay stands out from other crypto payment gateways by allowing payments from any digital wallet and any cryptocurrency. With instant price determination and daily fiat settlements to the business bank account, it’s the superior crypto payment gateway choice.
Learn more about ForumPay and crypto by visiting www.forumpay.com. And don’t forget to follow us on Instagram and Twitter for more on all things crypto!