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Giant Payment Visa carried out a survey of small businesses and found that nearly a quarter of those who responded plan to accept cryptocurrency payments this year. "I think more people feel more trusted with cryptography," said a visa framework.
Small enterprises in 9 countries plan to accept cryptocurrencies. this year
visa published a study on digital payments wednesday. it was conducted by wakefield research in december 2021 and included a survey of 2,250 small business owners with 100 employees or fewer in brazil, canada, germany, hong kong, ireland, russia, singapore, united arab emirates, and the u.s.
visa described that a path forward for small and micro businesses (smbs) in 2022 includes “going long on digital payments – even crypto.” The payments giant explains:
of those surveyed, 24% said they plan to accept digital currencies such as the cryptocurrency bitcoin.
The company elaborated: "an overwhelming 82% of the smes surveyed said they plan to accept some form of digital option in 2022 and 73% are accepting new forms of payments as vital to the growth of their business."
Jeni Mundy, Visa's Global Sales and Acquisitions Officer, said:
i think more people are feeling more confident with crypto.
in december, visa launched crypto advisory services. moreover, visa’s head of crypto recently revealed that the company has partnered with 60 cryptocurrency platforms to let consumers spend digital currency at 80 million merchants worldwide.
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