Study: 53% of the owners of the crypto cards have made purchasing cryptocurrency

Research of purchases of the cryptocurrency cryptocurrency users carried out by Bank cards Visa, Mastercard and Unionpay shows that 89% of the respondents are well aware of the cryptocurrency, and 53% were purchased in the last 12 months. A study based on a sample of 10 000 clients had a company Worldcore, which specializiruetsya on payment transactions and serves more than 300,000 customers.

«Our clients are people of different professions and ages, but the study was conducted among a very active audience in terms of transactions. As one of the most popular among our services is mass payments worldwide, as well as the use of cryptocurrency wallets. So initially the study was conducted among savvy financial services customers», — commented the results of Alexey Nasonov, CEO Worldcore.

The study was conducted in March and April of this year, it was attended by more than 10,000 people from 47 countries. Data for the EU (28 States) and CIS (12 States) were merged. In a press release Worldcore says:

«About 89% of the respondents know very well what is cryptocurrency, and 53% of respondents made a purchase cryptocurrency at least once in the last 12 months.»

According to the RBR study «international payment cards Data and forecasts to 2022», published in July last year, «Unionpay, Visa and Mastercard, in total, serve 80% of the cards around the world.» Thus, the study Worldcore can be considered to reflect the current preferences of users of the cryptocurrency credit cards.

The results of the study

Among the respondents 36% were residents of Japan, 25% of US citizens, 18% South Korea, 8% — EU citizens, 6% Chinese, 3% Latin America 2% Canada and 1% was for Russia and the CIS. Among those who purchased the cryptocurrency, 21% did it with a credit card, and 36% with a debit. 43% of those who made a purchase of cryptocurrency have used other forms of payments.

47% of all respondents said that, in principle, they would not do such a deal. 60% of them said that they «are not interested in risky investments,» 35% reported that they had «insufficient available funds» and 5% considered such transactions as «violation of law».

Despite the high level of awareness of bitcoin as well as the willingness of respondents to use a credit card to then pay interest on this purchase, the largest banks all over the world listen to the controllers and for the most part are prohibitive policy towards cryptocurrency industry.

Bank of America, Citigroup, Jpmorgan, Capital One and Discover Card banned
customers to buy cryptocurrency using your credit card. In the UK Lloyds Banking Group made a similar statement prohibiting the Bank customers MBNA, Halifax and Bank of Scotland to carry out such operations. Canadian Bank the Toronto-Dominion Bank (TD Bank) has also followed suit. In addition, Visa has cut ties with one of the largest issuers of cryptocurrency cards.

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