A global study of cryptocurrency purchases made by users of Visa, Mastercard, and Unionpay cards shows that 89% of respondents are knowledgeable about crypto and 53% have purchased some in the past 12 months.
Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space
A Global Study
Global payment service provider Worldcore reportedly conducted a study of its customers to find out cryptocurrency usage among Visa, Mastercard, and Unionpay users. The company has approximately 300,000 customers in total.
“The purpose of the study was to determine the willingness of people to deal with digital currencies with the help of bank cards,” Russian outlet Innov.ru described, adding that the study was conducted between March and April. “The study involved more than 10,000 people from 47 countries,” Finam reported. In addition, “data on the EU countries (28 countries) and CIS [Commonwealth of Independent States] countries (12 countries) were combined,” the news outlet noted, quoting the Worldcore study results:
About 89% of respondents know well what cryptocurrency is. 53% of respondents made purchases of cryptocurrency at least once within the last 12 months.
According to RBR’s Global Payment Cards Data and Forecasts to 2022 study published in July of last year, “Unionpay has been the largest scheme globally for card numbers since 2010 and, by the end of 2016, there were more than six billion Unionpay branded cards in circulation.” Furthermore, “RBR found that Unionpay, Visa and Mastercard collectively account for 80% of cards worldwide,” the firm wrote.
Worldcore is an EU-regulated payment institution headquartered in Prague, Czech Republic. It has partnered with Bitpay to offer cryptocurrency solutions to its customers globally. In August of last year, the company announced an initial coin offering (ICO) as part of its expansion plans.