intelligent

pain-points and providing actionable insights to small businesses . easier for local merchants to accept payments using only an Android smartphone and launched ADCB Pace Pay – UAE ’ s first virtual point of sale ( POS ) payment terminal with ADCB on both android and iOS platforms .

Additionally , the company has rolled out the ‘ Rapid Seller Onboarding ’ to enable SMBs to accept digital payments from their customers in-store / at point-of-sale or online within just seven working days .

Visa has also conducted targeted studies , such as Small Business Recovery , and launched the Stay Secure campaign – in collaboration with DED and Dubai Police – with the aim of understanding regional SME

This all builds on a US $ 200 million , fiveyear commitment from the Visa Foundation , made in 2020 , to support SMBs around the world , with a focus on fostering women ’ s economic advancement .

Visa will continue to celebrate the expansive role SMBs play within local communities and the global economy , starting with the launch of a new digital series , ‘ Voices of Access ,’ featuring SMB customers from around the world sharing their unique stories and empowering others to see the possibilities of the digital economy .

Methodology : The Visa Back to Business study

The Visa Back to Business Study : 5th Edition was conducted by Wakefield Research between June 15 – 28 2021 , among 2,250 small business owners at companies with 100 employees or fewer in Brazil , Canada , Germany , Hong Kong , Ireland , Russia , Singapore , United Arab Emirates and United States . �

VISA HAS CONTINUED TO DEEPEN AND LOCALISE ITS COMMITMENT TO SMBS IN THE UAE OVER THE LAST 18 MONTHS TO HELP THEM REVITALISE AND REINVENT THEIR BUSINESSES .