Visa Survey Forecasts Cryptocurrency Merchant Adoption Boom

The company has surveyed 2,250 small-scale business owners from nine countries.

Almost a third of merchants from Brazil, Singapore and some other countries are willing to add cryptocurrency payments. In sharp contrast, only 8% of the respondents from Canada said that they would allow their customers to pay with digital currencies. The U.S. is somewhat in the middle, with 19% of the surveyed business owners claiming that they would add support for cryptocurrencies in 2022.Cryptocurrencies have made great inroads in terms of mainstream acceptance last year, but many merchants are still hesitant to accept them due to extreme volatility and regulatory concerns. Those who do accept crypto usually convert it into fiat right away with the help of BitPay and other payment processors.

Leading e-car manufacturer Tesla started accepting Bitcoin in May, but it then suspended payments due to climate-related concerns.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global experts are very worried about the future, Davos survey findsMany business leaders, politicians and academics are overwhelmingly pessimistic about the threat Covid-19 still poses even as the pandemic enters its third year. They worry that an uneven economic recovery could deepen divisions within societies and between countries. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Arnoldnike93 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️ 'The Bible teaches us to feed the hungry and give water to the thirsty. The new Georgia law.. makes it illegal...to bring your neighbors+voters, food/water while they wait in line to vote...That's what it looks like when they suppress the right to vote.' They are, dont tell me 😯
Source: cnni - 🏆 326. / 59 Read more »