Open AccessUtilization of Electronic Money
Author(s) -
Surtikanti,
R H Mustofa
Publication year - 2019
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/662/2/022013
Subject(s) - electronic money , cash , financial transaction , payment , money measurement concept , interview , business , middle class , class (philosophy) , mobile payment , monetary economics , commerce , velocity of money , economics , database transaction , finance , computer science , database , market economy , artificial intelligence , political science , law
The purpose of this study is to determine the impact of electronic money (E-money) on financial transactions and economic growth in the community. This research used a descriptive longitudinal method by interviewing several users of E-money as the data collection techniques. The result of this research shows that E-money users prefer non-cash transactions, we also got a new fact that the majority of middle- and upper-class people prefer non-cash transactions because it is more effective and efficient in making transactions. From this research, it can be obtained that E-money can be a legitimate payment system that facilitate the upper-middle and lower-middle class. The existence of E-money will help the user, so they do not need to pay directly.