Crypto Payments Barely Register Among Euro Merchants, ECB Data Shows

TL;DR

• Euro-area crypto payments remain marginal, with only 0.2% of online merchants accepting crypto and physical-point acceptance staying below 1% across the euro area today.
• Mobile payment acceptance jumped to 68% from 36% in 2024, while cash remained dominant at 92% and cards reached 88%.
• Consumer preference drives merchant decisions, but the ECB survey leaves uncertainty over whether crypto payments converted into traditional currency are fully captured in reported acceptance figures.

Crypto payments remain almost invisible among euro-area merchants even as mobile options rapidly expand, according to the European Central Bank’s latest company survey. Only 0.2% of businesses selling goods and services online said they accept crypto assets, while acceptance at physical points of sale stayed below 1%. The contrast is striking because digital payments are advancing quickly, yet cryptocurrencies barely register in everyday commerce across the region today. The survey covered 8,205 businesses across all 21 euro-area countries, spanning retail, hospitality, entertainment and other consumer-facing sectors during interviews conducted from February 23 to April 10.

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