ADVANTAGES OF TRANSITIONING SMALL BUSINESSES TO CASHLESS PAYMENTS
DOI:
https://doi.org/10.60078/3060-4842-2026-vol3-iss1-pp136-142Abstract
This article examines the economic and organizational advantages of transitioning small businesses to cashless operations. Based on the experiences of China, Japan, and Germany, the impact of digital payment system development on small business activities during 2020–2024 is analyzed. The study also discusses the prospects and positive outcomes of promoting digital payments among small businesses in Uzbekistan. The research results show that cashless operations contribute to enhancing financial transparency, reducing operational costs, expanding the tax base, and increasing customer loyalty
Keywords:
small business cashless economy digital payments financial transparency China Japan Germany UzbekistanReferences
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