Visa: Launches Online Resource Hubs To Power SMB Economic Recovery
- The payments giant said in a release that the programs focused on helping 50M smaller firms across the globe “get back to business”
- The company also said it formed the Visa Economic Empowerment Institute, focused on economic and social issues
- Initial projects will focus on post-crisis recovery and resilience and will also provide insights into the gig economy
- To help these companies expand digital presence, Visa has built localized online resource centers across 20 countries to offer tools
- Training a spotlight on the growth of digital commerce, Visa also said that spend per active card-not-present cardholder was up 25 percent
- Visa said that as part of the SMB services promoting local commerce, it is teaming up with eCommerce platforms