Skip to content
Subscribe
  • Home
  • Services
  • Video
  • Events
Subscribe

Reading

Deloitte Survey: One In Three Merchants Would Accept Bitcoin Payments
News Markets

Deloitte Survey: One In Three Merchants Would Accept Bitcoin Payments

Consumer interest in paying with bitcoin had gone up 3200% in 12 months and 69% of merchants are willing to accept bitcoin (or is already integrated)
Marvin Ken
By: Marvin Ken
Oct 06, 2022
3 min read
Deloitte Survey: One In Three Merchants Would Accept Bitcoin Payments

The largest accounting firm in the world, Deloitte, conducted a survey at the end of 2021 from December 3-16. The goal? To find out how likely retail merchant stores are to accept bitcoin for payment of cosmetics, electronics, food and beverage, fashion, transportation.

One of their more interesting results shows that the retailers believed consumer interest in paying with bitcoin had gone up 3200% in 12 months, so they too expected their suppliers to accept bitcoin as payment.

30% of the 2,000 merchants who participated had already integrated bitcoin payments in their sales systems. And 39% were planning to finish their setups within the next 12 months.

Today, eight months later, bitcoin’s price is comparatively low.

But hodlers will not be shaken. Innovations that further reduce costs while enabling a synergy of collaborations, such as those in the Lightning Network, are paving the way. 

Events like the Bitcoin Zitadelle conference will power pump Bitcoiners so they remain on the good path of monetary righteousness.

Major companies – such as Microsoft, Whole Foods or Gyft – and about 15,000 other businesses worldwide currently accept bitcoin as payment. And, though you can’t pay with bitcoin on Amazon, you can buy gift cards with bitcoin at Bitrefill and redeem them on the world’s biggest on-line retailer websites.

So, what are you waiting, Jeff?

Stay on top of Bitcoin
news, get weekly updates
in your inbox.

Recommended News

Markets
Markets
Metaplanet Overtakes Tesla as 7th Largest Corporate Holder of Bitcoin
Jun 27, 2025
2 min read
By: Alex Lari
Markets
Markets
Metaplanet Boosts Bitcoin Strategy, Pumps $5B into US Subsidiary
Jun 25, 2025
2 min read
By: Alex Lari
Markets
Markets
Semler Scientific Raises Bitcoin Treasury Target to 105,000 BTC by 2027
Jun 22, 2025
2 min read
By: Alex Lari
All News
Accelerating Adoption
News
  • Adoption
  • Legal
  • Markets
  • Mining
  • Opinion
  • Press Release
  • Learn
  • Sponsored
Company
  • About Us
  • Brand Assets
  • Newsletter
  • Services
  • Site Map
  • Terms & Privacy
Connect
  • Contact Us
  • Contribute
  • Services
  • Media Partner
  • RSS
  • Videos
Social Media
  • Twitter
  • YouTube
  • Telegram
  • LinkedIn
  • Instagram
  • Nostr
  • TikTok
  • Flipboard

© A Bitcoin-Focused Company | 256 Media, 2024

Language Switcher
Search
  • News
    • Adoption
    • Legal
    • Markets
    • Mining
    • Opinion
    • Press Release
    • Learn
    • Interviews
  • Services
  • Video
  • Events
  • News
    • Adoption
    • Interviews
    • Learn
    • Legal
    • Markets
    • Mining
    • Opinion
    • Press Release
  • About Us
  • Contact
  • Newsletter
Search

Popular Articles

Lnfi Network Integrates RGB to Complete Lightning Network’s Value Stack
June 27, 2025 · 2 min
Metaplanet Overtakes Tesla as 7th Largest Corporate Holder of Bitcoin
June 27, 2025 · 2 min
Castle Raises $1M to Automate Bitcoin Treasury Solution
June 26, 2025 · 3 min
Arizona One Step Away from Creating Bitcoin Reserve Fund with Seized BTC
June 26, 2025 · 2 min
Bitlayer Co-Founder Charlie Hu on Unlocking Bitcoin’s DeFi Potential
June 25, 2025 · 3 min
Zac Guignard and Orange-Pilling the Next Gen at Learning Bitcoin
June 25, 2025 · 6 min

Bitcoin Only
Newsletter

Get weekly news roundups direct to your inbox!