A Study on Impact of Digital Payments on Sma...

A Study on Impact of Digital Payments on Small Business in Pambanar

Author Name : Dr. Abisha. KA

This study examines the impact of digital payment systems on small businesses in Pambanar. The research employed a mixed-methods approach, combining surveys and interviews with small business owners. The findings indicate that digital payment systems have a positive impact on small businesses, improving their efficiency, reducing costs, and enhancing customer satisfaction. However, the study also identifies challenges faced by small businesses in adopting digital payment systems, including security concerns and technical issues. The implications of the study suggest that small businesses should adopt digital payment systems to remain competitive, and policymakers should provide support and incentives to promote adoption.