Tapping into the Future: How Cashless Transactions Boost  Business Performance

Author(s)	DEXI HUANG, LORENZO LORENZO
Country	Philippines
Abstract	This study investigates the extent of cashless transactions among customers and its impact on business performance across various dimensions. Through a comprehensive analysis of demographic profiles, cashless transaction usage, assessment of business performance, and correlation analysis, key insights are gained to inform strategic recommendations for business development. The findings reveal a high adoption of cashless transactions across different domains, with notable differences observed based on demographic factors. While overall business performance is perceived positively, certain areas for improvement are identified. Moreover, nuanced relationships are uncovered between cashless transactions and business performance metrics, highlighting the need for tailored strategies. Based on these insights, recommendations are provided to enhance cashless transaction adoption, improve business performance, and capitalize on emerging opportunities in the digital payment landscape.
Keywords	cashless transactions, business performance, e-commerce, China
Field	Business Administration
Published In	Volume 7, Issue 3, May-June 2025
Published On	2025-05-21
DOI	https://doi.org/10.36948/ijfmr.2025.v07i03.45501

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