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Italy: Bitcoin in the online shopping more popular than Visa and MasterCard

the Bitcoin-seems a While to develop the Narrative more and more in the direction of "Gold 2.0", to show the Italians that you can spend BTC also. A in the It

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Italy: Bitcoin in the online shopping more popular than Visa and MasterCard

the Bitcoin-seems a While to develop the Narrative more and more in the direction of "Gold 2.0", to show the Italians that you can spend BTC also. A in the Italian daily newspaper La Stampa-discussed study has found that Bitcoin, especially for the Pay of the larger Online shopping becoming more popular is. Overall, Bitcoin, payments in the Italian E-Commerce is maneuvering to Position three, with Only the payment services PayPal and PostePay are used more often.

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For your Online purchases using Italians now prefer to Bitcoin as credit cards. The was a for Italy, a very surprising result, writes an Analyst of the Italian daily newspaper La Stampa. The Boston-based marketing analysis firm SemRush had previously noted in a survey that Bitcoin in the list of the most used Online payment methods ranked behind PayPal and the Italian Prepaid card service PostePay now in third place.

The data also showed that Italians use the crypto-currency for the Online shopping to a greater extent than traditional credit cards such as Visa, MasterCard, or American Express. Therefore, Italy includes in the use of Bitcoin as means of payment to pioneers, such as Lithuania and other Eastern European countries.

According to La Stampa, Bitcoin is used more as a 215.800 times per month for online purchases in Italy, while American Express is only used to 189,000 per month. Visa, MasterCard and other credit cards lag behind with only 33.950 Online transactions per month.

Bitcoin to PayPal and PostePay place

The California-based Online-payment service PayPal will remain, with around 1.3 million payment transactions per month of the undisputed first choice for Online payments in Italy. The virtual PayPal accounts associated with credit cards as well as current accounts. Meanwhile, almost all Online retailers accept PayPal as a payment service provider, in contrast to Bitcoin. Apart, perhaps, from industry giants like Online retailer Amazon, which offers its own payment services.

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Just behind PayPal, the Italian payment service provider PostePay follows with nearly 1.2 million monthly transactions. In the evaluation, however, remained completely ignored that many of the PayPal and PostePay accounts linked to credit cards. Whether credit cards as a means of payment playing therefore really much of a role, is difficult to say. At least is certain: Bitcoins have purchases in Italy Online as a regular means of payment established.

The total expenditure for E-Commerce in Italy in 2018, with over 40 billion euros. At least 62 percent of Italians bought in the past year, at least once online.

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