DEVELOPMENT OF BUSINESS FINANCIAL INSTRUMENTS IN CONDITIONS OF DIGITAL INCLUSION

Abstract

The development of business financial tools in the context of digital inclusion involves the introduction and use of digital technologies to facilitate access to financial services, improve their availability and expand user coverage. The increasing use of electronic payment systems such as mobile money, online platforms, e-wallets facilitates convenient and fast transactions. The development of Internet banking and mobile applications allows customers to carry out banking operations, keep records of finances and use various financial services online. That is why the topic of the presented research is relevant and timely. The purpose of the presented work is to determine the main components and influencing factors on the development of business financial tools in modern conditions of digitalization and inclusion. The main methods of research are: methods of deduction and induction to determine factors influencing the process of business development in modern conditions of digital inclusion, methods of analysis and synthesis to determine the main basis for the development of financial tools for business taking into account digital inclusion and the digital economy, a method of comparison to determine the features of digital of economics, a graphic method for visual and schematic representation of the main research results. Consequently, the development of fintech technologies opens up new opportunities for the provision of financial services, such as crowdfunding, blockchain-based payment solutions, robotic portfolio managers, etc. Online lending platforms enable small and medium-sized enterprises to quickly access financial resources, bypassing traditional bank lending processes. The use of blockchain can improve the transparency and security of financial transactions, help track the origin of funds and prevent financial fraud. Electronic invoices and invoices: The transition to electronic invoices and invoices helps to optimize financial accounting, simplifies the payment process and reduces the costs of processing paper documents. Providing access to financial education and advice through online platforms promotes financial literacy and increases inclusion. Digital inclusion in the field of finance can improve the availability of financial services for all segments of the population and various categories of businesses, contributing to economic development and raising the standard of living.