Cryptocurrency payments represent one out of four important emerging payment methods, a new report from the IT consulting firm Capgemini showed. Per the report, less than 10% of respondents in a survey covering 6,300 customers and 210 payments executives worldwide said they have used cryptocurrencies to make payments. However, the payment method was still included as an “emerging payment method” that the firm claims almost half of all customers will use in the next 1 to 2 years.

“Cryptocurrency payments are becoming an increasingly popular alternative option among businesses, even though the current adoption is nascent,” the report said. 

By Amy Liu