Paper Contents
Abstract
The rise of digital payment systems has significantly reshaped the business environment, especially for small enterprises that play a vital role in economic development. This study explores how technologies like UPI, mobile wallets, and online banking have influenced small businesses in terms of efficiency, transparency, and growth potential. While digital adoption offers several benefits such as broader customer reach and smoother operations, it also presents challenges like limited digital access, security concerns, and hesitancy toward change. This research uses real-world cases and secondary data to analyses these dynamics and highlights how policies and digital infrastructure can support small businesses. The paper concludes with actionable recommendations to encourage inclusive digital growth in the small business sector.
Copyright
Copyright © 2025 vishal barsa. This is an open access article distributed under the Creative Commons Attribution License.
