A recent survey by the European Central Bank (ECB) has found that cryptocurrency payments are barely used among euro area merchants. According to the survey, crypto acceptance was just 0.2% online and remained below 1% at physical points of sale.
In contrast, mobile payments have gained ground, although the survey does not provide specific figures for this payment method. The low acceptance of crypto payments among euro area merchants suggests that traditional payment methods remain dominant.
This is based on reporting from CoinTelegraph. The survey highlights the limited use of crypto payments in the euro area, which may be due to various factors, but the ECB survey does not provide further analysis.
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