66% of small businesses in Spain accept digital payments, according to Visa

MADRID, 23 Nov.

66% of small businesses in Spain accept digital payments, according to Visa


66% of small businesses in Spain currently accept digital payments, according to a recent report by Visa, which has assessed the adaptation of SMEs to an increasingly digital consumer.

Roble Dorronsoro, responsible for Merchants and Visa Acceptance in southern Europe, has considered that there are still many businesses that do not have digital maturity and has explained that "at Visa we continually innovate to make available new ways to accept digital payments via mobile and without the need for a POS such as 'Tap to Phone' or 'Click to Pay' technology".

Security is among the main reasons that the surveyed SMEs have indicated for betting on the digitization of payments in their businesses. Specifically, 56% of SMEs that already have digital payments on their digital commerce platforms affirm that the digitization of payments allows them to guarantee greater security and protection in purchases, since they are backed by a consolidated network and infrastructure. technological.

In this regard, Dorronsoro has expressed that "security is essential to generate confidence in consumers in their purchases, where Visa offers a global, fast and secure network that supports each of those payments that are made in physical and online stores".

On the other hand, for SMEs, digital payments also offer greater agility and ease in each payment, and according to the report, 67% of SMEs that accept card payments consider it an easier method than other means of payment.

The report has shown the growing relevance of digital payments in businesses, since one in three SMEs that accept digital payments affirm that their customers started making card payments in their businesses in the last two years.

Visa has recalled the importance of continuing to promote digitization and payment acceptance. This company has warned that, with the pre-Christmas shopping season just around the corner, digital payments are becoming increasingly relevant to business success.

The Visa report has had a sample of 933 small businesses in Spain and has analyzed their degree of digitization and the use of digital payments.