TY  - JOUR
SN  - 2460-7819
UR  - http://dx.doi.org/10.17358/jabm.10.1.15
VL  - 10
AV  - public
N2  - The  development  of  digitization  in  payments  has  begun  to  replace  cash  payments with cashless payments. This study examines the effect of cashless payments on economic growth in Indonesia using quarterly data from 2010 to 2021. Economic growth in  this  study  is  proxied  by  gross  domestic  product,  and  cashless  payments  are  proxied  by  transaction  values  from  ATMs/debit  cards,  credit  cards,  and  electronic  money.  The  quantitative  analysis  method  used  in  this  research  is  time  series  with  Error  Correction  Modeling (ECM). One of the benefits of ECM is that this model can be used to see the effect  of  economic  variables  in  the  short  and  long  term.  The  study  results  show  that cashless payments do not affect economic growth in the short term. However, in the long run, cashless payments in the form of ATM/debit and electronic money positively affect Indonesia's economic growth, even though these results have remained consistent during the Covid-19 pandemic. The results of this study indicate that in the short term, cashless will not directly affect economic growth. This finding may be because cashless payments require time (in the long term) in the equitable availability of infrastructure development, digital ecosystems, and the process of public financial literacy, so it takes time for cashless to impact economic growth.
A1  - Ari Christianti
PB  - School of Business, Bogor Agricultural University (SB-IPB)
ID  - katalog9268
TI  - THE IMPACT OF CASHLESS PAYMENT ON ECONOMIC GROWTH IN INDONESIA
SP  - 151
KW  - ATMs/debit  cards
KW  -   credit  cards
KW  -   economic  growth
KW  -   electronic  money
KW  -   Error  Correction Modeling (ECM)
IS  - 1
Y1  - 2024/01/30/
JF  - Jurnal Aplikasi Bisnis dan Manajemen (JABM)
EP  - 161
ER  -