According to a recent survey conducted by payments giant Visa, Nearly a quarter of participants in nine countries said They intend to accept Crypto as a form of payment this year. Additionally, 13% of consumers in these countries predict retailers will begin allowing crypto payments in the next 12 months.
‘People Feel More Confident With Crypto’
according toreportReuters Visa surveyed 2,250 small business owners from nine countries around the world. including the United States, Canada, Brazil and Singapore, according to the results. Every 4th participant plans to accept bitcoin or altcoin as a payment method before the end of the year.
Visa estimates that more than 30% of small businesses in the UAE, Hong Kong, Singapore and Brazil intend to enable Crypto payment options to their customers in the coming months. In contrast, 19% of people in the United States and just 8% in Canada plan to do the same.
Jeni Mundy – Head of Global Merchant Sales and Acquisition at Visa – said many business owners around the world view the new payment method as a “baseline” to the company’s growth. She added that the acceptance Cryptocurrencies are also considered a “natural evolution” for many smaller companies.
cryptocurrency acceptance has been booming in the past 12 months This is because many big companies allow their customers to pay with digital assets. if they are willing to do so Examples include the largest supermarket chains in Croatia and Mexico, Konzum and Elektra.
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