Digital payments are done through a banking network and payments are made electronically from the customers’ account to your business account. When businesses adapt to accepting digital payments, they free up time and focus energy on other avenues of growth.
Here’s why MSMEs should adopt digital payments:
● Eliminates delay in payments as transactions are instant and customers can pay anytime from anywhere.
● Saves time and cost as it replaces extensive bookkeeping.
● Improves operational efficiency and maximises Returns on Investment.