A survey by Mastercard found that cryptocurrencies have gained ground. According to the report, two-thirds (67%) of millennials are prepared to invest in the sector, a higher number than a year ago.
The survey, which was conducted in 18 markets around the world and found that four out of 10 people in North America, Latin America and the Caribbean, the Middle East and Africa and Asia-Pacific say they plan to use cryptocurrency next year.
According to the survey, 77% of millennials are interested in learning more about cryptocurrencies, while 75% of millennials agreed that they would use cryptos if they understood them better.
Mastercard's research found that other technologies, like biometrics and QR codes, are also taking over. Interest in these technologies was strongly fueled by the COVID-19 pandemic.
Finally, Mastercard's survey also found that more than half of consumers would avoid businesses that do not support any type of electronic payment system. Emphasizing the importance of joining products like CapPay for companies and businesses.