3 in 4 Egypt small businesses optimistic about recovery, as revealed in new Visa Small Business Recovery study

  • Visa’s “2021 Small Business Recovery” study shows that half of merchants surveyed see digital payments as a necessary investment in business recovery
  • 92% of merchants surveyed felt the use of contactless payments amplified during the crisis
  • Although cash is still dominant, more than 40% of merchants plan to offer digital payment options soon 
  • 88% of Egyptian retailers surveyed expect eCommerce will continue to grow post-pandemic