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

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Visa Says a Quarter of Small Businesses Surveyed Plan to Accept Cryptocurrency Payments This Year

Payments elephantine Visa has conducted a survey of tiny businesses and recovered that astir a 4th of those who responded program to judge cryptocurrency payments this year. “I deliberation much radical are feeling much assured with crypto,” said a Visa executive.

Small Businesses successful 9 Countries Plan to Accept Cryptocurrency This Year

Visa published a survey connected integer payments Wednesday. It was conducted by Wakefield Research successful December 2021 and included a survey of 2,250 tiny concern owners with 100 employees oregon less successful Brazil, Canada, Germany, Hong Kong, Ireland, Russia, Singapore, United Arab Emirates, and the U.S.

Visa described that a way guardant for tiny and micro businesses (SMBs) successful 2022 includes “Going agelong connected integer payments – adjacent crypto.” The payments elephantine detailed:

Of those surveyed, 24% said they program to judge integer currencies specified arsenic the cryptocurrency bitcoin.

The institution elaborated: “An overwhelming 82% of SMBs surveyed said they program to judge immoderate signifier of integer enactment successful 2022 and 73% spot accepting caller forms of payments arsenic cardinal to their concern growth.”

Jeni Mundy, Visa’s planetary caput of merchant income and acquiring, was quoted arsenic saying:

I deliberation much radical are feeling much assured with crypto.

In December, Visa launched crypto advisory services. Moreover, Visa’s caput of crypto precocious revealed that the institution has partnered with 60 cryptocurrency platforms to fto consumers walk integer currency astatine 80 cardinal merchants worldwide.

What bash you deliberation astir this Visa survey? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

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