Nearly 40% of US merchants now accept crypto at checkout: PayPal

Adoption has been strongest in the hospitality, travel, digital goods, and gaming industries. Millennials and Gen Zs are proving to be the most crypto-savvy shoppers.

Almost four in ten US merchants now accept cryptocurrency at checkout, as customers have shown increasing interest in crypto for payments, according to a recent PayPal survey.

Nearly nine in ten US merchants stated that they’ve received customer inquiries about crypto payments, PayPal reported on Tuesday, citing data from a National Cryptocurrency Association survey.

The survey was conducted in October, with 619 payment-strategy decision-makers from across several industries participating. 

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