VIDEO Powering small and medium-sized businesses (SMBs) in the digital-first world
How Visa's solutions can help businesses thrive and grow
Visa, alongside our partners, can help small and medium-sized businesses thrive and grow through our suite of digital solutions that enable them to effectively manage their operations, cash flow, and adapt to customer demands. These solutions are particularly valuable in the current digital-first world, where efficient financial and business management is crucial for success.
Digitisation is shifting the SMB mindset...
Digital payments can bring growth
More than a third of SMBs (35%)1 say accepting new forms of payment is an opportunity to reach new customers.
Going cashless
Within the next two years, 51%1 of SMBs predict their business will shift to being cashless and 40%1 of shoppers predict they will shift to being cashless.
In-person but touch free
The top contactless or digital payment options that SMBs planned to accept in 2023 are mobile payment apps (55%)1, mobile wallets (50%)1 and contactless cards (36%)1.
The world is their marketplace
79%1 of business owners cite expanding into new geographies as a focus for growth.
Reporting, tracking and analytics are key
Tools that can offer automation, spend management, as well as insights on metrics such as cash flow, revenue, stock, and campaign performance appeal to 78%+2 of business owners.
SMB resources
To learn more about Visa’s Small Business Solutions, please contact your Visa representative or speak to your bank or financial institution.
More business resources from Visa can be found at www.visa.com, and via the links below:
To learn more about Visa’s digital business solutions, please use the form below or speak to your bank or financial institution.
B2B PAYMENTS ECOSYSTEM
Download: Growth Corporates Working Capital Index ➔
White paper: Facilitating a new era in spend management ➔
Securing the payments ecosystem ➔
High-spending SMEs - an opportunity uncovered ➔
Fulfilling the potential of commercial cards in Central Europe, the Middle East, and Africa ➔
Are small businesses weathering the storm? ➔
Maximizing transaction banking liquidity ➔
Meeting the middle market's payment needs ➔