Friday, January 21, 2022

Visa: One in Four Businesses Surveyed Plan to Accept Cryptocurrency Payments This Year – Featured Bitcoin News

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Payments large Visa has carried out a survey of small companies and located that nearly 1 / 4 of those that responded plan to settle for cryptocurrency funds this 12 months. “I think more people are feeling more confident with crypto,” mentioned a Visa govt.

Small Businesses in 9 Countries Plan to Accept Cryptocurrency This Year

Visa printed a examine on digital funds Wednesday. It was carried out by Wakefield Research in December 2021 and included a survey of two,250 small enterprise house owners 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 long on digital payments – even crypto.” The funds large detailed:

Of these surveyed, 24% mentioned they plan to settle for digital currencies such because the cryptocurrency bitcoin.

The firm elaborated: “An overwhelming 82% of SMBs surveyed said they plan to accept some form of digital option in 2022 and 73% see accepting new forms of payments as fundamental to their business growth.”

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 providers. 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.

What do you concentrate on this Visa survey? Let us know in the feedback part under.

Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source programs, community results and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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