• About
  • Contact Us
Wednesday, June 29, 2022
Cryptos Newz
No Result
View All Result
  • Home
  • News

    Breaking: Boeing Is Said Close To Issuing 737 Max Warning After Crash

    BREAKING: 189 people on downed Lion Air flight, ministry says

    Crashed Lion Air Jet Had Faulty Speed Readings on Last 4 Flights

    Police Officers From The K9 Unit During A Operation To Find Victims

    People Tiring of Demonstration, Except Protesters in Jakarta

    Limited underwater visibility hampers search for flight JT610

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Business
  • How To Buy Crypto
  • Write For Us
  • Press Release
  • Legal Information
    • Affiliate Disclosure
    • DMCA Compliance
    • Privacy Policy
    • Contact Us
  • Home
  • News

    Breaking: Boeing Is Said Close To Issuing 737 Max Warning After Crash

    BREAKING: 189 people on downed Lion Air flight, ministry says

    Crashed Lion Air Jet Had Faulty Speed Readings on Last 4 Flights

    Police Officers From The K9 Unit During A Operation To Find Victims

    People Tiring of Demonstration, Except Protesters in Jakarta

    Limited underwater visibility hampers search for flight JT610

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Business
  • How To Buy Crypto
  • Write For Us
  • Press Release
  • Legal Information
    • Affiliate Disclosure
    • DMCA Compliance
    • Privacy Policy
    • Contact Us
No Result
View All Result
Cryptos Newz
No Result
View All Result
Home Bitcoin News

Deloitte: 85% of Merchants Expect ‘Ubiquitous’ Digital Currency Payments in Five Years – Decrypt

Crptoz by Crptoz
June 10, 2022
in Bitcoin News
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

READ ALSO

Price analysis 6/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO

How likely will Robinhood’s listing support Chainlink’s token as price pumps?


A survey conducted by the “Big Four” accounting firm Deloitte indicates: That nearly 85% of executives at various US retail organizations expect digital currency payments to become “ubiquitous” in their respective industries in the next five years.

multinational professional services firm, in association with paypalconducted a survey among 2,000 senior executives from US retail organizations in sectors including cosmetic, digital goods, electronics, fashion, food and beverage, home/garden, hospitality, leisure, and transportation.

While digital currency is a broad term that includes both cryptocurrency and central bank digital currency (CBDC), the survey found that cryptocurrencies are a particularly high priority for organizations. Over 85% of respondents are giving a high or very high priority to enabling cryptocurrency payments, while almost 83% are doing the same stable coins, Nearly three quarters (75%) of respondents disclosed that they plan to accept crypto or stablecoin payments in the next two years.

Only 1% of all responding retailers have no plans to implement digital currency payments in the next two years, while 26% have already done so and 39% are planning in the next 12 months. . North of the $500 million surveyed, more than half (54%) of large retailers have invested more than $1 million in integrating digital currency infrastructure into their business.

Retailers Embrace Crypto Payments

Major retailers including reputed fashion brands guccifrench luxury brand balenciasand Elon Musk SpaceX Everyone announced last month about accepting cryptocurrency payments.

Earlier this month, PayPal expanded its crypto offering to enable users transfer cryptocurrency For external wallet, meeting a long standing demand Among crypto advocates. Meanwhile, other major payment processing companies including BandageAnd Megasoft (a Venezuelan payment processing company) has launched a crypto pilot program for its merchants.

growing popularity of cryptocurrency cardWhich enables users to spend their cryptocurrencies using traditional cards at merchants operated by Visa and MasterCard, has also fueled merchant adoption.

Deloitte’s partner Big Four accounting firm is also leaning into cryptocurrencies. Earlier this year, multinational professional services company KPMG. Canadian branch of announced that it added Bitcoin And Ethereum for its balance sheet.

Want to become a crypto expert? Get the best of Decrypt straight to your inbox.

Receive the biggest crypto news + weekly roundups and more!


Related Posts

Bitcoin News

Price analysis 6/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO

June 29, 2022
Bitcoin News

How likely will Robinhood’s listing support Chainlink’s token as price pumps?

June 29, 2022
Bitcoin News

MakerDAO Voting to Allocate $500 Million Treasury Funds – BeInCrypto

June 29, 2022
Bitcoin News

Should you buy Compound’s token after doubling its value in June?

June 29, 2022
Bitcoin News

Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital – Bitcoin News

June 29, 2022
Bitcoin News

Binance USD (BUSD) Market Cap Soared More Than $400 Million in May – BeInCrypto

June 29, 2022
Next Post

Farfetch Luxury-Fashion Giant to Begin Accepting BTC, ETH, BNB Payments Soon

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Man Who Broke into Terra Founder’s House Was Crypto Investor Who Lost 3 Billion Won

May 16, 2022

When SHIB? Robinhood CBO States They Seek Compliant Ways to Increase Crypto Offering

February 9, 2022

Dock Launches Ambassador Program – Press release Bitcoin News

January 17, 2022

Why You Should Stack Sats To Celebrate Father’s Day

June 19, 2022

Ted Cruz: Texas Should Be “Ground Zero” for Crypto Industry

March 3, 2022

EDITOR'S PICK

POSSIBLY HUGE MOVES! | JASMY COIN PRICE PREDICTION & ANALYSIS 2022!

May 14, 2022

Study: 68% of Americans Aware of Risks Involved With Cryptocurrencies – Security Bitcoin News

February 17, 2022

NYC Mayor Adams Will Urge Gov. Hochul to Veto Anti-Bitcoin Mining Bill (Report) NYC Mayor Adams Will Urge Gov. Hochul to Veto Anti-bitcoin Mining Bill

June 14, 2022

Will Russia’s Turn to China’s Union Pay Actually Make a Difference?

April 21, 2022

About

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow us

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Cryptocurrency News
  • Ethereum News
  • How To Buy Crypto
  • News
  • Uncategorized

Recent Posts

  • Price analysis 6/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO
  • Why did ‘ETH denominated OI on CME climb to highest level since early April’
  • How likely will Robinhood’s listing support Chainlink’s token as price pumps?
  • MakerDAO Voting to Allocate $500 Million Treasury Funds – BeInCrypto
  • Home
  • News
  • How To Buy Crypto
  • Write For Us
  • Press Release
  • Legal Information

© 2022 CryptosNewz - Premium Cryptocurrency News Blog CryptosNewz.

No Result
View All Result
  • Home
  • News
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Business
  • How To Buy Crypto
  • Write For Us
  • Press Release
  • Legal Information
    • Affiliate Disclosure
    • DMCA Compliance
    • Privacy Policy
    • Contact Us

© 2022 CryptosNewz - Premium Cryptocurrency News Blog CryptosNewz.