Cryptocurrencies Become Topic of Interest in New Investing.com Survey of Over 1,000 Amazon Shoppers

2019-2-7 20:09

Investing.com recently released a report that shows that Amazon customers want cryptocurrencies to be listed for purchase on their E-Commerce site. A multifaceted survey was done on a group of 1,000 Amazon shoppers to determine the frequencies and demands of the customers.

The report says:

“Compared to a new Amazon-branded computer (73%) or local coupons and deals (52%), which a majority of shoppers were comfortable buying from the Amazon brand, other offerings including health care coverage (15%), public transportation (13%), and cryptocurrencies (13%) could make shoppers more hesitant. While many were less confident about buying medical marijuana (13.5%) or prescription drugs (9.3%) through Amazon, respondents anticipated Amazon would eventually provide those services.”

Additionally, across the Amazon customers surveyed, 43% stopped shopping at the mall, and nearly 1 in 3 shoppers said they ordered something via Amazon once a month. Regarding the future of the company, most shoppers don’t believe Amazon has reached its peak. 88% believed Amazon would continue to grow, branching off into even more industries. One in 4 shoppers anticipated Amazon would disrupt the delivery service industry next, followed by Pharmaceuticals (19%), artificial intelligence (13%), and health care (9%).

A few days back BitcoinExchangeGuide reported that Binance CEO, Changpeng Zhao gave an idea to solve payment processing issues at Amazon.

“For any internet (non-physical) based business, I don't understand why anyone would not accept crypto for payments. It is easier, faster, and cheaper to integration than traditional payment gateways. Less paperwork. And reaches more diverse demographics and geography.”

In the same thread, CZ commented that

“Amazon will have to issue a currency sooner or later.”

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