DIGITAL PAYMENTS WORLDWIDE have transformed economies, and India stands at the forefront of this change. This has been most evident in advancing financial inclusion, especially among women entrepreneurs in India. Managing finances effectively and accessing financial services has been an arduous challenge for women, especially those running small-scale enterprises.
Amidst this, the UPI (unified payments interface) has been a formidable force in empowering women-led businesses. Offering a simple and efficient method of handling transactions, UPI and other digital payment platforms have not just helped fortify business growth but also propelled financial management. However, to have a genuine impact, there is a strong need for enhanced inclusivity for women, especially from the lower-income groups.
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Markets slump over 1%
â Investors' wealth down â¹4.92 lakh cr
EPFO weighs higher equity investments
â Labour ministry panel to look at ways to raise exposure
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IIT-Madras to offer fine arts, culture courses
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Not even 2% work-linked higher education courses yet: Report
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The world's busiest airline routes in 2024 are largely in Asia
â Leisure continues to outshine corporate trips
Indian firms use euro, yen swaps
ECB president Christine Lagarde hinted at a bigger 50 basis point rate cut to buffer the euro zone economy
SME IPOs fetch rich returns in Dec
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EPFO weighs higher equity investments
IN FY23, the interest rate was fixed at 8.15% and 8.10% in FY22.
KYC masking to go live on Jan 20
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