Eurozone Online Businesses Slow to Embrace Digital Payments

A recent European Central Bank survey has found that only 0.2% of online businesses in the eurozone accept digital assets as a form of payment.

The survey, which covered 8,205 businesses across 21 euro-area countries, including retailers, restaurants and cafes, hotels, and cultural and entertainment companies, was conducted from February 23 to April 10.

Cash remained the most common payment method for offline businesses, with 92% of companies operating physical stores saying they accept cash payments, up 2 percentage points from 90% in 2024.