ECOBIZTECH: Journal of Economics, Business, and Technology
Vol. 1 No. 2 (2026): ECOBIZTECH: Journal of Economics, Business, and Technology - September

Digital payment systems in MSMEs: a systematic literature review of the digital business ecosystem

Rizky Falentino (Universitas Muhammadiyah Muara Bungo, Bungo, Jambi, Indonesia)
Vivi Yosefri Yanti (Universitas Muhammadiyah Muara Bungo, Bungo, Jambi, Indonesia)



Article Info

Publish Date
15 Jul 2026

Abstract

Purpose: to systematically review the role of digital payment systems in supporting the digital business ecosystem of MSMEs by identifying research trends, types of digital payment technologies, and their impacts on MSME development and performance. Method: this study employed a systematic literature review (SLR) to analyze prior research on the role of digital payments in the digital business ecosystem for MSMEs. Data were collected from Google Scholar using Publish or Perish and analyzed through thematic and bibliometric analysis with VOSviewer. Findings: digital payment systems play a strategic role in supporting the digital business ecosystem of MSMEs by improving transaction efficiency, expanding market access, enhancing operational performance, and accelerating digital transformation. E-wallets, QRIS, and mobile banking are the most widely adopted digital payment methods, while digital literacy, financial literacy, and technological readiness remain key factors in successful adoption. Implications: to a broader understanding of digital payments as strategic enablers of the MSME digital business ecosystem. The findings provide insights for MSMEs, policymakers, financial institutions, and technology providers to develop strategies that strengthen digital payment adoption and support sustainable digital transformation. Originality: this study highlights digital payments as strategic drivers of the MSME digital business ecosystem by integrating perspectives on digital transformation and business development through an SLR approach.

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Journal Info

Abbrev

ecobiztech

Publisher

Subject

Description

ECOBIZTECH: Journal of Economics, Business, and Technology, with registration number ISSN 3124-4742 (online), is a scientific journal of economics, business, and technology published by SCM Publishing. This journal discusses issues related to economics and business with a technology base. The ...