{"id":671927,"date":"2025-09-16T00:00:00","date_gmt":"2025-09-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/16\/what-happens-when-businesses-go-digital-3\/"},"modified":"2025-09-16T00:00:00","modified_gmt":"2025-09-16T00:00:00","slug":"what-happens-when-businesses-go-digital-3","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/16\/what-happens-when-businesses-go-digital-3\/","title":{"rendered":"What happens when businesses go digital?"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Businesses that accep<\/strong><strong>t digital payments can become a powerful engine for economic growth.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Transitioning from cash to digital payments can generate <strong>annual GDP gains of 1% to 2%<\/strong>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Globally, increased card usage (debit, credit, and prepaid) added USD 245 bn to real GDP between 2015 and 2019. Across 70 countries and territories studied, each 1% increase in card usage correlated with an average annual increase of approximately USD 67 bn in consumption.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How does it work?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Increased consumption fuels production, leading to job creation, higher incomes, and stronger economic growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">The positive impact is driven by:<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Reduced friction:<\/strong> Streamlined transactions eliminate the need for exact cash and reduce cash handling risks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Standardized spending:<\/strong> Global acceptance standards simplify international transactions and cross-border commerce.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More innovation:<\/strong> A standardized ecosystem fosters competition and innovation among payment providers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Demand for value-added services:<\/strong> Offerings go beyond basic transactions, with services such as loyalty programs and data-driven insights for customer experience and enhanced efficiency.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Enhanced security: <\/strong>Secure card payments build trust, essential for driving consumption.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a target=\"_blank\" href=\"https:\/\/eg.review.visa.com\/content\/dam\/VCOM\/regional\/cemea\/genericafrica\/run-your-business\/value-of-acceptance\/voa-designed-generic-report-egypt.pdf\" style=\"\" rel=\"noopener\">Learn more<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Businesses that accept digital payments can become a powerful engine for economic growth. Transitioning from cash to digital payments can generate annual GDP gains of 1% to 2%. Globally, increased card usage (debit, credit, and prepaid) added USD 245 bn to real GDP between 2015 and 2019. Across 70 countries and territories studied, each 1% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":671928,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7374],"tags":[7373,72,666],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-671927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-a-message-from-visa","tag-a-message-from-visa","tag-enterpriseam","tag-visa","wpautop","entry"],"acf":{"mongo_id":"99ce4f7f-8aec-466a-9a85-e2e9aa6a1224","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/9\/822.jpg","photo_position":"above","homepage_title":"","full_issue_title":"What happens when businesses go digital?","related_issue":[671913],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.c77430fb-21fe-4969-a43f-e4ce832003f1.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What happens when businesses go digital? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/16\/what-happens-when-businesses-go-digital-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What happens when businesses go digital?\" \/>\n<meta property=\"og:description\" content=\"Businesses that accept digital payments can become a powerful engine for economic growth. Transitioning from cash to digital payments can generate annual GDP gains of 1% to 2%. Globally, increased card usage (debit, credit, and prepaid) added USD 245 bn to real GDP between 2015 and 2019. Across 70 countries and territories studied, each 1% [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/16\/what-happens-when-businesses-go-digital-3\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-16T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/822.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/16\/what-happens-when-businesses-go-digital-3\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/16\/what-happens-when-businesses-go-digital-3\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What happens when businesses go digital?\",\"datePublished\":\"2025-09-16T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/16\/what-happens-when-businesses-go-digital-3\/\"},\"wordCount\":170,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/16\/what-happens-when-businesses-go-digital-3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/822.jpg?fit=%2C&ssl=1\",\"keywords\":[\"A MESSAGE FROM VISA\",\"EnterpriseAM\",\"Visa\"],\"articleSection\":[\"A MESSAGE FROM VISA\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/16\/what-happens-when-businesses-go-digital-3\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/16\/what-happens-when-businesses-go-digital-3\/\",\"name\":\"What happens when businesses go digital? 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The budget factored in average global growth at 3.3%, but this looks increasingly unlikely as global conditions continue\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/773.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":683990,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/03\/from-biometric-checkouts-to-cashs-exit-top-2026-payments-trends-part-2\/","url_meta":{"origin":671927,"position":4},"title":"From biometric checkouts to cash\u2019s exit: top 2026 payments trends, part 2","author":"enterpriseam admin","date":"3 March 2026","format":false,"excerpt":"In 2026, manual guest checkout continues to decline as biometric authentication becomes more common. Typing 16-digit card numbers is increasingly replaced by fingerprint or facial verification. Guest checkout now represents 16% of Visa online transactions, down from nearly 50% in 2019.Cash usage continues to narrow as digital payments gain share.\u2026","rel":"","context":"In &quot;A MESSAGE FROM VISA&quot;","block_context":{"text":"A MESSAGE FROM VISA","link":"https:\/\/enterpriseam.com\/egypt\/category\/a-message-from-visa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/88.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":666868,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/16\/tap-pay-done\/","url_meta":{"origin":671927,"position":5},"title":"Tap. Pay. Done.","author":"enterpriseam admin","date":"16 June 2025","format":false,"excerpt":"Visa\u2019s Tap to Phone technology can turn your smartphone into a point-of-sale (POS) device.How does it work? Businesses of all sizes can now accept payments without incurring any additional costs or overheads by simply using their smartphones. All you have to do is download an app and you can accept\u2026","rel":"","context":"In &quot;A MESSAGE FROM VISA&quot;","block_context":{"text":"A MESSAGE FROM VISA","link":"https:\/\/enterpriseam.com\/egypt\/category\/a-message-from-visa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/6\/732.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/671927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=671927"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/671927\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/671913"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/671928"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=671927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=671927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=671927"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=671927"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=671927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}