Visa survey finds 25% of firms willing to accept cryptocurrency payments
About 25 percent of small businesses in nine countries would accept cryptocurrencies as a form of payment, according to the latest Visa Inc. survey.
The survey was conducted among 2,250 small business owners from the United States, Canada, Brazil, Singapore, Hong Kong, the United Arab Emirates, Germany, Ireland and Russia.
The researchers found out that digital money can become a universal means of payment. In addition, Visa surveyed 1,000 other adults in the U.S. and 500 adults in nine countries.
"I think people feel safer with cryptocurrencies," said Visa global director of commercial sales and acquisitions Janie Mundy.
While the use of bitcoin and other cryptocurrencies has increased globally over the past two years, and digital assets are popular with investors of all levels, they are still not a payment instrument.
