Mumbai, June 26, 2026 (BFN Bureau): A recent study by DBS Bank India reveals that a remarkable 84% of female entrepreneurs in India actively use digital payment tools. This statistic highlights the significant role of technology in empowering women in business, especially ahead of MSME Day 2026.
The report, part of DBS’s ‘Women and Finance’ series, surveyed 1,342 women across various regions in India. It shows not only the widespread adoption of digital payments but also an increasing comfort with other financial digital platforms, including loans and credit.
Key Findings of the Study
According to the study, 72% of female entrepreneurs utilize the Unified Payments Interface (UPI), a popular payment system in India, while 38% engage with loan and credit platforms. Additionally, 29% of these entrepreneurs use brokerage platforms, marking a growing trend in diversification of financial tools.
Divyesh Dalal, Managing Director of DBS Bank India, stated, “The findings underscore an encouraging shift in women’s financial engagement. Digital tools are becoming integral for managing businesses, including payments, payroll, and customer acquisition.”
Growth in Digital Engagement
This increased engagement with digital tools reflects broader trends towards efficiency and convenience. As financial technology (fintech) evolves, female entrepreneurs are looking for solutions that support growth while ensuring safety and trust.
Notably, 50% of surveyed female entrepreneurs reported frequently using personal credit cards, with travel rewards being a favored benefit among urban women. This reflects a shift in spending patterns, pointing towards a more informed and engaged segment of the market.
What this means for you: Understanding these trends can help businesses tailor their services to better meet the needs of female entrepreneurs, creating more personalized and efficient offerings in the financial sector.
- 84% of female entrepreneurs in India use digital payment tools.
- 72% utilize UPI for transactions, showcasing tech adoption.
- 38% engage with loans or credit platforms, indicating financial expansion.
