SciRepID - The Impact of Digital Payment Systems on Small and Medium Enterprise (SME) Growth

📅 31 August 2024

The Impact of Digital Payment Systems on Small and Medium Enterprise (SME) Growth

International Journal of Economics and Accounting
International Forum of Researchers and Lecturers (IFREL)

📄 Abstract

This study explores the influence of digital payment systems on the growth of small and medium enterprises (SMEs). Utilizing a quantitative approach, the research examines key indicators of SME growth, such as sales, customer base expansion, and transaction efficiency, before and after adopting digital payment systems. Findings reveal a significant positive correlation between digital payment adoption and SME growth metrics, suggesting that digital transformation in payments is instrumental in enhancing financial performance and market reach for SMEs.

🔖 Keywords

#Digital Payment Systems; SME Growth; Transaction Efficiency; Customer Expansion; Financial Performance

ℹ️ Informasi Publikasi

Tanggal Publikasi
31 August 2024
Volume / Nomor / Tahun
Volume 1, Nomor 3, Tahun 2024

📝 HOW TO CITE

Anita Fatmawati; Raihan Fikri Azis, "The Impact of Digital Payment Systems on Small and Medium Enterprise (SME) Growth," International Journal of Economics and Accounting, vol. 1, no. 3, Aug. 2024.

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