Visa Survey Shows Crypto Payments Could Boom In 2022
The payment company giant Visa Inc just surveyed 2,250 small businesses from nine countries to understand if merchants are planning to adopt crypto to receive payments. Results show that over 25% of them want to start doing so this year. Reuters reported that Visa expects many retail businesses to join the crypto boom starting this year. The payment company has been long involved in the cryptocurrency industry and is interested in its mainstream acceptance as an opportunity to grow its own line of products and services. Visa currently offers cryptocurrency-linked cards for consumers to....
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Visa and ConsenSys, a blockchain software startup, are working to develop a central bank digital currency (CBDC) pilot program to explore retail applications such as cards and wallets. Both firms will first meet with an estimated 30 central banks to discuss the goals that governments hope to achieve with government-backed digital currency. The pilot program is scheduled to begin in the spring of this year. Visa To Pilot CBDC In Select Countries Visa (V) announced on Thursday that it will take its crypto services to the next level by teaming with blockchain software company Consensys to....
Crypto holders want to use their assets to shop and stores around the globe are starting to take heed. Back in 2021, a study showed that there is a high demand for cryptocurrency payment abilities among both crypto holders and non-holders. However, in the same study, 50% of participants noted that there are not enough businesses that accept crypto. This may change very soon.Almost one out of four small and mid-size businesses (SMBs) that participated in a survey by Visa said that they are planning to accept payments in cryptos like Bitcoin. In the same study, 73% of respondents stated that....
Payments giant Visa has conducted a survey of small businesses and found that almost a quarter of those who responded plan to accept cryptocurrency payments this year. “I think more people are feeling more confident with crypto,” said a Visa executive.
Small Businesses in 9 Countries Plan to Accept Cryptocurrency 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,....
A new study published by Spain’s National Securities Market Commission (NSMC), sheds light on how many Spaniards are buying and how many are aware of crypto. Posted on August 4, the survey shows results collected from May to June 2022 from 1,500 participants. Related Reading: Binance Adds Shiba Inu To Crypto Card, Enabling SHIB Payments […]
It is no secret that Visa and Mastercard will do everything they can to keep a firm grip on the payments industry all over the world. Credit cards are one of the most often used payment methods, even though the medium is not all that secure. Visa’s new project, called Visa Checkout, is getting a lot of attention from established brands who focus on online and mobile commerce. When it comes to tackling the payment industry right now, businesses are exploring options in both the mobile and online world. Some countries, such as India, are seeing a major boom in mobile commerce, whereas the....