Visa study: 24 percent of SMBs want to introduce crypto payments

Not only crypto users are increasingly asking for crypto payment options, which is why more and more companies now want to open up this payment method.

A study from last year shows that there is a high demand for payment options in the form of cryptocurrencies among both crypto users and ordinary consumers. In this context, 50% of those surveyed also stated that too few companies still offer crypto payments. This fact could change soon.

According to a new survey by Visa, one in four small and medium-sized enterprises (SMEs) wants to accept payments in the form of cryptocurrencies such as Bitcoin ( BTC ) in the future. At the same time, 73% of the participating companies state that the development of new digital payment methods will be one of the driving forces for growth in 2022.

2,250 SMEs from countries such as Hong Kong, Canada and the USA took part in the new Visa study. 82% of these companies plan to add a new digital payment option in the new year to accommodate this evolution.

1,500 consumers from nine countries were also surveyed as part of the study. More than half of them assume that they will only shop completely cashless within the next ten years. In addition, 41% of participants report that they have abandoned a purchase in a physical store in the past because no digital payment option was available.

However, the demand for crypto payments is not just limited to small and medium-sized companies, because as a Twitter survey by Airbnb CEO Brian Chesky shows, many users of the large hotel service also want to be able to book using cryptocurrency.

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