Ninety-four percent of micro, small, and medium-sized enterprises (MSMEs) receivedMSME) in a Singapore Some forms of digital payments in general 2022compared to 82 percent globally, according to “Visa back to study business” Visa’s Back to Business Study.
and nearly three-quarters (72%) of them expect their business to become completely non-cash within the next two years.
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In addition, a third of small businesses in Singapore Also to accept payments via solutions”Buy now, pay later” Buy Now Pay Later (BNPL) 35%compared to 21% worldwide) and digital currency (33%, compared to 24% worldwide).
where stated Kunal Chatterjeecompany manager“Visa” Visa in a Singapore And Brunei :
“Even as the world grapples with the uncertainties created by the pandemic, the one thing I am sure of is that digital payments have enabled many businesses to thrive, especially in Singapore.
while agree Eighty-nine percent of Singaporean SMEs find that accepting new payment methods is key to business growth, compared to less than three-quarters (73%) globally,”
He added, Chatterjee:
“So far, it has helped “Visa” In the digital empowerment of 24.8 million small and medium businesses worldwide, or 50% From the multi-year goal you set in 2020 To convert 50 million SMEs to digital.”
While Wakefield Research conducted Wakefield Research Study “Visa Back to Study Business” Visa Back to Business studyin December 2021 and surveyed 2250 Small business owners with 100 employee or less in Brazil AndCanada AndGermany AndHong Kong AndIreland AndRussia AndSingapore AndThe United Arab Emirates AndUnited State.
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