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Shopee and Visa launches "Where You Shop Matters" initiative to help local merchants and SMEs

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Shopee teamed up with Visa to launch "Where You Shop Matters". It is an initiative to help local merchants and SMEs go digital.
Shopee, Visa helps SMEs with Where You Shop Matters
Shopee, Visa helps SMEs with Where You Shop Matters

Where You Shop Matters initiative

As part of the initiative, Visa partnered with Shopee to help support thousands of local small businesses that are selling on the platform to go digital due to COVID-19.

Visa is following its commitments to support 10 million small and micro businesses in the Asia Pacific. The company also has a global commitment from the Visa Foundation of USD 210 million to provide COVID-19 emergency relief for the small business sector.

Visa is confident that "Where You Shop Matters" will be able to help since more Filipinos are shifting to eCommerce due to the impact of COVID-19. Filipinos will be able to help support the local economy as studies show that 95 percent of Filipinos are more likely to purchase from local retailers to support small business recovery.

The Visa study also showed that 77 percent of Filipino consumers believe it is important for
local retailers to have an online presence. To encourage SMEs to go digital, Visa will be providing them with a Visa eCommerce Starter Kit to help them start, manage, and grow their online stores. Visa is partnering with BigCommerce to provide onboarding support and special discount rates for SMEs to sign up and start selling online. 

SMEs can also benefit from a variety of offers, including Office 365 business packages and cashback on Google Ads to help them get their online business up and running.

For SMEs with physical stores, they can order free Visa POS signage to build trust with consumers.

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