80% of Women-Led Businesses Face Payment Challenges in Global Trade: Report
A report by Aspire For Her and Payoneer found that women-led enterprises account for just 15.4% of India’s 58.5 million businesses.
Around 80% of women-led businesses struggle with international payments, while 60% face challenges with complex regulatory compliances, according to a report on women entrepreneurs in cross-border trade.
Despite their growing role in the economy, women-led enterprises account for just 15.4% of India’s 58.5 million businesses, the report by Aspire For Her and Payoneer stated. A survey of over 300 women entrepreneurs identified four major hurdles in global expansion—international payments, regulatory compliances, limited financial access, and supply chain issues.
The report highlighted that 60% of women entrepreneurs find it difficult to navigate export laws and trade regulations. Many also face funding shortages and payment delays, making it harder to scale their businesses. High shipping costs, customs delays, and unreliable logistics partners further add to the challenges.
Addressing these barriers could help women-led businesses expand globally, said Aspire For Her Founder and CEO Madhura Dasgupta Sinha. Payoneer India Vice President Gaurav Shisodia added that the company plans to offer expert guidance, workshops, and tools through its SheExports programme.
(With text inputs from PTI.)
