Cryptocurrency Payments are Accepted the most by the Travel Industry

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Cryptocurrency Payments are Accepted the most by the Travel Industry
16 Mar 2022
5 min read

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News Synopsis

According to new research released on Tuesday, the travel industry and fast food chains have emerged as the leading sectors that accept payments in the form of Cryptocurrency. Out of ten Crypto friendly industries, travel has bagged the number one position in acceptance of cryptocurrency. 11.5% of the companies in the travel sector accept digital assets.  E-Commerce is second at 11.06%, while non-profits and charities are third at 9.13%. Fast-food chains including Burger King, institutions of higher education, and sports teams are among other large companies and entities that are widely accepting payments in the form of cryptocurrencies. Traders of Crypto in their statement said: “The broadening acceptance reflects a huge shift in public perception of crypto, with its value finally being realized by consumers and businesses alike. However, the adoption of crypto is still in its infancy, and the majority of digital tokens accepted by businesses tend to be limited to Bitcoin and one or two other leading cryptocurrencies such as Ethereum."  

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