Demand for crypto debit cards surges 194% in 12 months

New research presented by Crypto Parrot indicates that global interest in the keyword ‘crypto debit card’ has surged by 194.1% over the last 12 months on the Google Search platform. The interest attained a peak popularity score of 100 in February 2021 while a year ago it was at 34, according to a press release.

Among countries, Nigeria leads with a peak popularity score of 100 followed by Australia at 45. Netherlands ranks third with a score of 44 followed by Canada at 40 while the U.S. comes in fifth at 39. Interest from the U.K. ranks sixth with a score of 36 followed by India at 15 while Germany is eighth with a score of 12.

The sudden interest in crypto debit cards has been mainly due to the increased adoption of digital assets. The research also highlighted other drivers for the interest.

According to the research, “There has been an explosion of companies like Visa and Mastercard getting involved in crypto payment systems through debit cards. At the same time, more merchants are increasingly adding digital currencies to payment methods. It is, therefore, logical that people would be interested in acquiring crypto debit cards.”

Being a new financial phenomenon, crypto debit cards might face regulatory hurdles from non-crypto friendly jurisdictions. So make sure to choose the best Bitcoin card in 2021 right away. Excellent user experience, low fees, and security are top priorities.

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