3/1/2021, 12:17 PM (Source: TeleTrader)
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Chart for: Visa Inc

Visa expands digitalization initiative for SMBs in Europe

Visa announced on Monday that it is expanding its initiative to help small and medium-sized businesses (SMB) with building digital capabilities. Over 100 new partners are joining Visa to help with the initiative.

"Small businesses play a crucial role in our communities and many continue to operate under challenging conditions brought on by Covid-19. We continue to be inspired by the innovation and entrepreneurial spirit many small business owners have shown, adapting how they do business to keep serving their customers," SVP, Merchant Sales and Acquiring Europe at Visa Hemlata Narasimhan said.

Visa added that more than two million small businesses have already joined the initiative after it announced that it will help a total of 8 million SMBs in their digitalization efforts.

Baha Breaking News (BBN) / VP