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Adoption of Digital Payment Systems in Industrial Enterprises Investigating Trends and Challenges

Year: 2025

Type: article

Abstract: This research investigates the adoption of digital payment systems in industrial enterprises, emphasizing the trends, drivers, and barriers to their integration. With the growing significance of digital finance, industries are transitioning from conventional payment systems to platforms like UPI, net banking, and blockchainbased solutions. The findings are derived from literature reviews, primary data, and expert interviews. They reveal that while most enterprises recognize the efficiency and cost-effectiveness of digital transactions, numerous face hurdles like cybersecurity concerns, infrastructure limitations, and regulatory complexities. This paper provides actionable recommendations for enterprises, policymakers, and fintech developers to facilitate secure and inclusive digital payment environments

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.15706247

Author: Prateek Kumar Gautam

Language: English

Topic: Digital Transformation in Financial Services

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: green

OpenAlex ID: W6968664812

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