Skip to main content


A Study on Impact of Digital Payments System in Small Businesses

Issue Abstract

Abstract
Digital payment methods are becoming more and more essential for routine activities like buying products from neighborhood small businesses. The purpose of this research is to identify the factors that influence the use of digital payments by small retailers in trichy city, as well as the expenses and taxes related to the installation of these systems. The study highlights the advantages and disadvantages of digitalization for small retail firms. Even with government and financial institution initiatives to promote digitization, a significant portion of the population lacks basic digital literacy. Several suggestions are provided in the article's conclusion for motivating small retailers to accept and use digital payments. The analyze for the random sampling method. The statistical tool apply for chi- square test and spearman rank correlation


Author Information
M.Jamila Nasiha Assistant professor, PG & Research Department of Commerce Jamal Mohamed College (Autonomous), Trichy-20
Issue No
2
Volume No
5
Issue Publish Date
05 Feb 2025
Issue Pages
354-359

Issue References

REFERENCE
 Sivakumar.S.Vincent.G. (2016) “Recent trends in cashless economy in trichy city Think India Journal ISSN 0971-1260”. Vol. 22 Issue 10 November 2019 Page8021.
 Rajanna, K. A. (2018). Growth of Cash-Less Transactions in India: Challenges and Prospects. International Journal of Engineering Development and Research, 6(1), 199–204.
 McKinsey & Company. (2021). the Future of Payments: Innovating in a Digital World. McKinsey Reports.