Nearly half of MSMEs polled prefer UPI for business transactions, says report

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Nearly half of MSMEs surveyed prefer UPI as a mode of transaction to grow their business, followed by Aadhaar-enabled banking, says a report.

According to the MSME Digital Index Report by PayNearby, digital payments continue to gain strong acceptance among MSMEs, with UPI emerging as the most preferred mode of transaction at 48 per cent, followed by Aadhaar-enabled banking at 39 per cent.

Among women entrepreneurs, Aadhaar banking saw even higher preference at 42 per cent, reflecting increasing trust in secure, tech-enabled services such as fingerprint…



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Nearly half of MSMEs polled prefer UPI for business transactions, says report



Nearly half of MSMEs surveyed prefer UPI as a mode of transaction to grow their business, followed by Aadhaar-enabled banking, says a report.

According to the MSME Digital Index Report by PayNearby, digital payments continue to gain strong acceptance among MSMEs, with UPI emerging as the most preferred mode of transaction at 48 per cent, followed by Aadhaar-enabled banking at 39 per cent.

Among women entrepreneurs, Aadhaar banking saw even higher preference at 42 per cent, reflecting increasing trust in secure, tech-enabled services such as fingerprint…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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