Visa: One in Four Businesses Surveyed Plan to Accept Cryptocurrency Payments This Year

Payments large Visa has performed a survey of small companies and located that just about 1 / 4 of those that responded plan to simply accept cryptocurrency funds this 12 months. “I believe extra individuals are feeling extra assured with crypto,” stated a Visa govt.

Small Businesses in 9 Countries Plan to Accept Cryptocurrency This Year

Visa printed a examine on digital funds Wednesday. It was performed by Wakefield Research in December 2021 and included a survey of two,250 small enterprise homeowners with 100 workers or fewer in Brazil, Canada, Germany, Hong Kong, Ireland, Russia, Singapore, United Arab Emirates, and the U.S.

Visa described {that a} path ahead for small and micro companies (SMBs) in 2022 contains “Going lengthy on digital funds – even crypto.” The funds large detailed:

Of these surveyed, 24% stated they plan to simply accept digital currencies such because the cryptocurrency bitcoin.

The firm elaborated: “An overwhelming 82% of SMBs surveyed stated they plan to simply accept some type of digital possibility in 2022 and 73% see accepting new types of funds as elementary to their enterprise development.”

Jeni Mundy, Visa’s international head of service provider gross sales and buying, was quoted as saying:

I believe extra individuals are feeling extra assured with crypto.

In December, Visa launched crypto advisory services. Moreover, Visa’s head of crypto just lately revealed that the corporate has partnered with 60 cryptocurrency platforms to let customers spend digital foreign money at 80 million retailers worldwide.

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