International Journal of Multidisciplinary Research and Literature (IJOMRAL)
Vol. 2 No. 6 (2023): INTERNATIONAL JOURNAL OF MULTIDISCIPLINARY RESEARCH AND LITERATURE

ANALYSIS OF THE EFFECT OF NON-CASH PAYMENT TRANSACTIONS ON THE MONEY SUPPLY M1 IN INDONESIA

Umairoh, Novita (Unknown)
Wijaya, Riko Setya (Unknown)

Article Info

Publish Date
06 Nov 2023

Abstract

The rapid development of science and technology encourages various innovations in the financial sector. The payment system has evolved from a cash payment system to a non-cash payment system. The convenience offered by the non-cash payment system will impact the effectiveness of monetary policy and financial stability through the money supply in the community. This study aims to determine the impact of non-cash payments on the narrow money supply in Indonesia. This study was conducted using secondary time series semester data sourced from Bank Indonesia (BI) and the Central Bureau of Statistics (BPS) with a period between 2016 (I) and 2022 (II). The data is processed using multiple linear regression analysis methods. The results of this study will show that transactions using debit cards have no significant effect on the narrow money supply, while transactions using credit cards have no significant effect on the little money supply, and e-money has a positive significant impact on the limited money supply in Indonesia

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Journal Info
International Journal of Multidisciplinary Research and Literature (IJOMRAL)
Website

Abbrev

home

Publisher

Yayasan Education Social Center Publisher

Subject

Humanities Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Engineering Environmental Science Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Mathematics Physics Social Sciences Other

Description

IJOMRAL is a multidisciplinary forum for the publication of articles and research and discussion of issues that bear upon and enfold all the field. focuses on a broad range of topics covering all topic form Research or Literature Review that are of regional and World ...