Cryptocurrency Payment Apps Market to Signify Strong Growth by 2022-2028

The global cryptocurrency payment apps market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The growing adoption and increasing cryptocurrency payment options is boosting the global cryptocurrency payment apps market. According to Pew Research Center data of 2021, majority of the US adults have heard at least a little about cryptocurrencies auch as Bitcoin or Ether, and 16% personally have invested in, traded or otherwise used one. Men aged between 18 to 29 years are particularly likely to use these cryptocurrencies. The consumers are increasingly opting for new payment methods that are simple yet secure, cryptocurrencies are rapidly becoming popular across the globe. The traditional payments providers are reluctant to adopt crypto-based payments, they stand to benefit from the technology, as it not only has faster settlement cycles however also offers access to new customer segments. For instance, in 2022, Mastercard International Inc. and Binancein collaboration launch prepaid card in Argentina to bridge cryptocurrencies and everyday purchases. The Binance Card issued by Credencial Payments allows all new and existing Binance users in Argentina with a valid national ID to make purchases and pay bills with cryptocurrencies, including Bitcoin and BNB, at over 90 million Mastercard merchants worldwide, both in-store and online.

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Additionally, in April 2022, Nexo and Mastercard launch 'world first' crypto-backed payment card, it will be available in selected European countries initially, allows users to spend without having to sell their digital assets such as bitcoin, which are used as collateral to back the credit granted. Hence, the growing adoptions and increasing payment options is directly increasing the demand for cryptocurrency payment app across the world.

Market Coverage

                 The market number available for – 2021-2028

                 Base year- 2021

                 Forecast period- 2022-2028

Segment Covered- 

                 By Cryptocurrency Type

                 By Payment Type

                 By End-User

Regions Covered-

                 North America

                 Europe

                 Asia-Pacific

                 Rest of the World

                 Competitive Landscape- including Apirone OÜ, BitPay Inc., CB Payments, Ltd., Coinomi Ltd. SecuX Technology Inc., and others.

A full Report of Cryptocurrency Payment Apps Market is Available @  https://www.omrglobal.com/industry-reports/cryptocurrency-payment-apps-market

Cryptocurrency Payment Apps Market Report Segment

By Cryptocurrency Type

                 Bitcoin

                 Ethereum

                 Litecoin

                 DAI

                 Ripple

                 Others

By Payment Type

                 In-Store Payment

                 Online Payment

By End-User

                 Individuals

                 Businesses

Cryptocurrency Payment Apps Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

       Latin America

       Middle East and Africa 

Company Profiles 

                 2U, Inc.

                 B2BinPay 

                 Binance Services Holdings Ltd.

                 Bisq

                 Blockonomics

                 Circle Internet Financial, LLC

                 CoinGate 

                 CoinJar UK Ltd.

                 CPS Solutions OU

                 Electroneum Ltd.

                 eToro group

                 Invest Volver Inc.

                 Mycelium Holding LTD.

                 OpenNode, Inc.

                 ZuPago HyBrid (HD) Wallet

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Media Contact:

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