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The Effect of Electronic Payment on the Efficient Accounting of SMEs in Nigeria: A Study of Some Selected Companies

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The Effect of Electronic Payment on the Efficient Accounting of SMEs in Nigeria: A Study of Some Selected Companies

ABSTRACT

This research work explored the effect of Electronic Payment on the Efficient Accounting of SMEs in Nigeria. Tables, frequencies and chi-square tests of independence was employed for the data analysis in this work with the aid of SPSS version 25.0. Findings revealed that E-payment has positive significant effect on efficient accounting of SMEs in Nigeria. It was recommended that Small and Medium Scale Business owners in Nigeria should make use of E-payment so as to build confidence in the use of ICT tools in business. With such mind-set, they will remain relevant in time.

Keywords: Electronic Payment; SMEs; Efficient Accounting

Authorship
OKAFOR, Victor Ikechukwu

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