The study aims to identify the determinants of digital financial inclusion (DFI) and its role in micro enterprises’ ease of doing business. The study is based on the World Bank’s Enterprises Survey of Micro Firms (ESM) 2022 data of 998 micro-enterprises. The variables that measure access and use of digital finance are extracted from the data. Two sets of independent variables, namely digital resource capability and firms and owners’ characteristics, are taken as explanatory variables of digital financial inclusion. Analysis of variance (ANOVA) has been applied to analyze the difference in perceived business obstacles across the micro-enterprises with and without access and use of digital finance. Further, a logistic regression model is developed to analyze the determinants of DFI. The findings of the study reveal that digital financial inclusion helps to face obstacles in business regulation and handle market externalities. Further, estimates of both the logistic regression model and marginal effects suggest that access to the internet, education, and owner experience are instrumental in digital financial inclusion among micro-enterprises. This study may be helpful for various stakeholders, such as the government, promoters of entrepreneurship, banks, and international organizations working in digital financial inclusion. The originality of the study lies in exploring the determinants of DFI among micro-enterprises, which are still unexplored in the case of India using extensive and specific micro enterprise’s data collected by the World Bank.

该研究旨在确定数字普惠金融（DFI）的决定因素及其在微型企业营商便利性中的作用。该研究基于世界银行微型企业企业调查（ESM）2022 年 998 家微型企业的数据。从数据中提取衡量数字金融的访问和使用的变量。将数字资源能力和企业及所有者特征两组自变量作为数字普惠金融的解释变量。方差分析（ANOVA）已用于分析有和没有访问和使用数字金融的微型企业所感知的业务障碍的差异。此外，还开发了逻辑回归模型来分析 DFI 的决定因素。研究结果表明，数字普惠金融有助于应对商业监管方面的障碍并应对市场外部性。此外，对逻辑回归模型和边际效应的估计表明，互联网的接入、教育和所有者经验对于微型企业的数字普惠金融至关重要。这项研究可能对各种利益相关者有所帮助，例如政府、创业推动者、银行和从事数字普惠金融的国际组织。这项研究的独创性在于探讨了微型企业DFI的决定因素，而在印度利用世界银行收集的广泛而具体的微型企业数据来探讨这一点尚未得到探索。