The Impact of a Cashless Payment System on Inflation

Aprilianto, Fitrian and Muslikhati, Muslikhati (2022) The Impact of a Cashless Payment System on Inflation. The Impact of a Cashless Payment System on Inflation, 20 (02). pp. 124-136. ISSN 2527-4023

[thumbnail of Aprilianto Muslikhati - Credit Card Debit Card Emoney Inflation Interest Rate.pdf]
Preview
Text
Aprilianto Muslikhati - Credit Card Debit Card Emoney Inflation Interest Rate.pdf

Download (345kB) | Preview
[thumbnail of Similarity - Aprilianto Muslikhati - Credit Card Debit Card Emoney Inflation Interest Rate.pdf]
Preview
Text
Similarity - Aprilianto Muslikhati - Credit Card Debit Card Emoney Inflation Interest Rate.pdf

Download (3MB) | Preview

Abstract

The rise of transactions without using money or what is commonly referred to as cashless transactions. Cashless transactions have several advantages, namely, functional, effortless, and quick. In addition, cashless transactions get an impact on monetary policy in Indonesia. The convenience obtained when conducting cashless transactions results in the acceleration of the velocity of money. Although the number of cash transactions in the community has decreased, the rate of money creates a high intensity with the use of cashless transactions. If the power of money circulation is high, it is feared that it will cause inflationary effects. This study aims to determine the impact of the cashless payment system on inflation. A quantitative approach was used in this study with secondary data which in the source obtained through documentation techniques obtained from Bank Indonesia (BI) and the Central Statistics Agency (BPS). from January 2009 until December 2020. The analysis technique uses multiple linear regression analysis. The results showed that the electronic-money variables had a significant negative effect, the debit card variables had a significant positive impact, the credit card variables had an insignificant negative effect, and the interest rate variables had a significant positive impact.

Item Type: Article
Keywords: Credit Card, Debit Card, E-Money, Inflation, and Interest Rate
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Islamic Studies > Department of Islamic Economics (60206)
Depositing User: fitrianapril30 Fitrian Aprilianto, S.E
Date Deposited: 14 Mar 2024 06:43
Last Modified: 14 Mar 2024 06:43
URI: https://eprints.umm.ac.id/id/eprint/4771

Actions (login required)

View Item
View Item