Nearly 75% of retailers plan to accept cryptocurrency payments within the next 2 years. (via CNBCMakeIt)
, consumers are using cryptocurrency to pay for a variety of goods — and retailers are taking notice.
Although paying with cryptocurrency is fairly novel now, 83% of retailers expect consumer interest in digital currencies to increase over the next year and a little over half of them have invested over $1 million into enabling digital payments, according to the survey.How retailers plan to enable payments with digital currency
Given the unpredictability of the crypto market, using this strategy is considered to be less risky for retailers than holding the crypto themselves. This approach also makes it faster and easier for retailers to enable payments with digital currencies, Deloitte reports.Crypto-curious retailers recognize that there are a number of challenges to overcome in order to enable payments with digital currencies.
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