No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, October 7, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Crypto Cards Outpace Banks for Micro-Payments in Europe

by TheAdviserMagazine
3 months ago
in Cryptocurrency
Reading Time: 2 mins read
A A
Crypto Cards Outpace Banks for Micro-Payments in Europe
Share on FacebookShare on TwitterShare on LInkedIn


Crypto cards are beating traditional banks in Europe when it comes to small purchases, with 45% of crypto-linked card transactions under 10 euros ($11.7) — a category where cash has historically dominated.

According to a report by CEX.IO shared with Cointelegraph, crypto card holders are showing spending patterns that mirror traditional bank card users while embracing online payments at a faster pace.

The report noted a 15% rise in newly ordered CEX.IO crypto cards across Europe in 2025, signaling growing interest as more Europeans turn to digital assets for everyday payments.

Furthermore, while European Central Bank data shows 21% of all card payments across the euro area are online, CEX.IO’s figures reveal crypto card users already conduct 40% of their transactions on the internet — nearly double the average.

Related: Kraken taps Mastercard to launch crypto debit cards in Europe, UK

Crypto cards used for everyday spending

Spending patterns show crypto cardholders are using their cards for everyday spending. According to CEX.IO data, groceries make up 59% of purchases, near the ECB’s 54% benchmark, while dining and bars account for 19%, above the average for in-person food and drink spending.

Notably, the average crypto card transaction sits at 23.7 euros ($27.8) compared to 33.6 euros ($39) for bank cards, based on Q1 2025 Mastercard data.

Crypto card spending distribution. Source: CEX.IO

“What we’re seeing in Europe is that crypto card users aren’t just experimenting with new tech — they’re showing us what everyday spending might look like in a truly cashless future,” said Alexandr Kerya, vice president of Product Management at CEX.IO.

“With average card payment volume rising 24% in just the last month, this shift is clearly gaining momentum,” he added.

The data further shows that stablecoins power 73% of transactions, with other major cryptocurrencies like Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Solana (SOL) also being used for groceries, dining and transportation.

Cryptocurrencies used for purchases. Source: CEO.IO

The trend is consistent across other providers. For instance, Oobit reported strong spending on everyday essentials among European users, while Crypto.com noted similarly high volumes in online shopping transactions.

Related: Floki, Mastercard launch 13-crypto debit card in Europe

Barclays to block crypto purchases on credit cards

Despite the surge in crypto card adoption, Barclays has announced plans to ban crypto transactions on its Barclaycard credit cards. The bank cited fears of customers falling into unmanageable debt due to crypto market volatility and highlighted the lack of investor protections in the sector.

Barclays explained that crypto asset purchases carry no recourse through the Financial Ombudsman Service or the Financial Services Compensation Scheme if something goes wrong, leaving consumers exposed.

Magazine: GENIUS Act reopens the door for a Meta stablecoin, but will it work?



Source link

Tags: banksCardsCryptoEuropeMicroPaymentsOutpace
ShareTweetShare
Previous Post

Photos: Big brands are pulling out of Pride. Here’s how their involvement has changed over the years

Next Post

*HOT* Kate Spade Wristlets as low as $25 (Reg. $99!)

Related Posts

edit post
Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To 0,000

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

by TheAdviserMagazine
October 7, 2025
0

With the latest rally to a new all-time high above $125,700, the Bitcoin price looks to have begun another path...

edit post
Ondo’s Latest Power Move: Acquiring US Broker Oasis Pro

Ondo’s Latest Power Move: Acquiring US Broker Oasis Pro

by TheAdviserMagazine
October 7, 2025
0

Ondo Finance just put itself at the center of U.S. tokenized finance, closing its acquisition of Oasis Pro—a move that...

edit post
Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time

Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time

by TheAdviserMagazine
October 6, 2025
0

Crypto-friendly US Senator Cynthia Lummis has confirmed that acquiring funds for the US Strategic Bitcoin Reserve (SBR) can “start anytime”...

edit post
Bitcoin reaches new all-time high of 6K

Bitcoin reaches new all-time high of $126K

by TheAdviserMagazine
October 6, 2025
0

Key Takeaways Bitcoin has reached a new all-time high above $126,000, driven by sustained institutional accumulation. Institutional investors and corporate...

edit post
Rekordwoche für Bitcoin: Beflügelt das Allzeithoch nun auch Bitcoin Hyper?

Rekordwoche für Bitcoin: Beflügelt das Allzeithoch nun auch Bitcoin Hyper?

by TheAdviserMagazine
October 6, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin und andere Kryptowährungen erleben eine Rekordwoche...

edit post
Ethereum’s Price as Grayscale Launches Staking ETPs – ,331?

Ethereum’s Price as Grayscale Launches Staking ETPs – $7,331?

by TheAdviserMagazine
October 6, 2025
0

The Ethereum price continues to attract significant attention after reclaiming a crucial resistance level, reinforcing optimism in the broader crypto...

Next Post
edit post
*HOT* Kate Spade Wristlets as low as  (Reg. !)

*HOT* Kate Spade Wristlets as low as $25 (Reg. $99!)

edit post
VRL Logistics board to meet on July 4 to consider bonus share issue

VRL Logistics board to meet on July 4 to consider bonus share issue

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Dow Jones Futures: Cheap Tesla Model Y On Tap? AppLovin Tries To Bounce

Dow Jones Futures: Cheap Tesla Model Y On Tap? AppLovin Tries To Bounce

0
edit post
Property Tax Repeal & Replacement: Tax Revenue Impacts

Property Tax Repeal & Replacement: Tax Revenue Impacts

0
edit post
New Tariffs Aimed Directly at Real Estate Investors

New Tariffs Aimed Directly at Real Estate Investors

0
edit post
Episode 229. “I’m almost 50 and have nothing to show for my life”

Episode 229. “I’m almost 50 and have nothing to show for my life”

0
edit post
Meet the Dutch companies that raised the 10 biggest funding rounds in Q3 2025; 7 are hiring right now

Meet the Dutch companies that raised the 10 biggest funding rounds in Q3 2025; 7 are hiring right now

0
edit post
EUR/USD: Head and Shoulders Pattern Suggests Bears May Target 1.16–1.14 Zone

EUR/USD: Head and Shoulders Pattern Suggests Bears May Target 1.16–1.14 Zone

0
edit post
Dow Jones Futures: Cheap Tesla Model Y On Tap? AppLovin Tries To Bounce

Dow Jones Futures: Cheap Tesla Model Y On Tap? AppLovin Tries To Bounce

October 7, 2025
edit post
New Tariffs Aimed Directly at Real Estate Investors

New Tariffs Aimed Directly at Real Estate Investors

October 7, 2025
edit post
Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To 0,000

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025
edit post
EUR/USD: Head and Shoulders Pattern Suggests Bears May Target 1.16–1.14 Zone

EUR/USD: Head and Shoulders Pattern Suggests Bears May Target 1.16–1.14 Zone

October 7, 2025
edit post
Episode 229. “I’m almost 50 and have nothing to show for my life”

Episode 229. “I’m almost 50 and have nothing to show for my life”

October 7, 2025
edit post
Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

October 7, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Dow Jones Futures: Cheap Tesla Model Y On Tap? AppLovin Tries To Bounce
  • New Tariffs Aimed Directly at Real Estate Investors
  • Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.