Small businesses go online: More than half of MSMEs prefer UPI transactions; women lead in Aadhaar banking

A PayNearby report reveals that many MSMEs in India favor UPI for transactions. About 48% prefer UPI, followed by Aadhaar-enabled banking at 39%. Women entrepreneurs like Aadhaar banking more. Smartphones are key for business, used by 71% overall and 84% of women. Digital tools boost efficiency and income for small businesses.