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

Funds big Visa has performed a survey of small companies and located that nearly 1 / 4 of those that responded plan to simply accept cryptocurrency funds this 12 months. “I feel extra individuals are feeling extra assured with crypto,” stated a Visa government.

Small Companies in 9 International locations Plan to Settle for Cryptocurrency This 12 months

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

Visa described path ahead for small and micro companies (SMBs) in 2022 consists of “Going lengthy on digital funds – even crypto.” The funds big detailed:

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

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

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

I feel extra individuals are feeling extra assured with crypto.

In December, Visa launched crypto advisory providers. Furthermore, Visa’s head of crypto lately revealed that the corporate has partnered with 60 cryptocurrency platforms to let shoppers spend digital forex at 80 million retailers worldwide.

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