How Visa helps small businesses financially recover from COVID-19 - Business Insider

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Around the world, individuals and businesses are experiencing real hardship as a result of the economic challenges presented by the COVID-19 pandemic. Organizations like Visa, with scale, resources, expertise and infrastructure, can and should play an important role as everyone adapts to these challenges.

Visa is taking action – committing to elevate 50 million small businesses worldwide with locally designed programs and solutions to help SMBs to drive efficiency and sales through acceptance of digital payments, building online businesses, and transforming back office operations. "We are putting our network to work to help 50 million businesses not only survive, but also to thrive, along with the communities they serve," says Suzan Kereere, head of global merchant sales and acquiring, Visa.

Through a series of new initiatives, Visa is leveraging its network to help the world adapt, rebuild, and get back to business, focusing on four key areas:localized for more than 20 countries provide tools, partner offers, and information on how to start, run, and grow digital-first small businesses. In Latin America, we launched the fourth edition of the Visa Everywhere Initiative with a challenge of reactivating small businesses through innovative digital solutions.

Deploying easy-to-adopt touchless payment technology — rapidly, and at scale — is critical for faster, more secure commerce. Tap-to-pay stands alongside facemasks, hand sanitizer and glass screens as a new part of the safe shopping experience. Visa is working with its partners to increase locations where consumers can tap their contactless card or mobile phone.

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