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US consumers trust Bitcoin more than mobile payment apps

Monday 2 March 2015 10:20 CET | News

US consumers believe payments made with Bitcoin are safer than those conducted using mobile wallets or apps, a new survey shows.

According to a report conducted by Walker Sands Communications, 3% of respondents said that they consider Bitcoin to be the most secure form of payments, compared to 1% for mobile phone or wallets.

Findings indicate that cash ranked highest on the list of trusted payment methods. 56% reported that they prefer cash over alternative payment methods, compared to 22% for credit cards and 18% for debit cards. Just 2% said they think checks are the most trustworthy payment method.

The study was conducted using a sample group of 1,400 consumers.


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Keywords: Bitcoin, online payments, digital payments, cryptocurrencies, mobile payments, US
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3






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