Zip to enter cryptocurrency space

Friday 17 September 2021 10:52 CET | News

Australia-based Buy Now, Pay Later (BNPL) provider Zip has announced it will let merchants accept Bitcoin payments in 2021 and also plans to launch a cryptocurrency trading feature.

BNPL users are 67% more likely to trade cryptos than non-users, according to Zip's internal research. A Mastercard study found that 40% of global consumers plan to use cryptocurrencies for payments in 2021.

Zip's announcement comes on the heels of its acquisition of the BNPL startup Payflex. 

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Keywords: cryptocurrency, expansion, merchant, Bitcoin
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: World
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Blockchain & Cryptocurrencies

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