dogecoin(DOGE) is increasing its popularity day by day, while increasing the rate of acceptance by businesses in payments.
In a recent survey Nearly one in 3 US-based business ownersIt has been revealed that s is related to accepting Dogecoin as a payment method.
Of the 1,000 total respondents to Digital.com’s survey, 27% said they will add DOGE payments this year. A 10% group said they will start accepting the popular cryptocurrency next year. In contrast, a group of 18% announced that digital currency payment will be integrated into payment methods in the next two to five years.
On the other hand, 100 operators stated that they have started to accept DOGE payments. However, 29% of respondents said they would accept DOGE payments, but did not specify when it would happen.
83% of respondents who announced their plans to accept crypto payments, and those who have plans to choose cryptocurrency as a payment method, say they will accept Bitcoin (BTC). In contrast, 42% of them preferred Ethereum (ETH).
Some Businesses Feel Pressure To Accept Crypto
About 30% of business owners report that they are under pressure to accept cryptocurrencies, while 52.6% of respondents in this category fear that not adding cryptocurrency to their payment method could result in the loss of key customers.
On the other hand, 48.8% noted that they would like to accept cryptocurrency only to ensure they are rated as modern US businesses.