An Analysis of the Effect of Debit Card Transaction Nominals, Credit Card Nominals, E-Money Nominals on the Level of the Total Money in Circulation in 2013-2022

Siti Latifatul Ma'rifah, Siti Retno Faridatussalam

Abstract


This study aimed to investigate the impact of nominal debit card transactions, nominal credit card transactions, and nominal e-money transactions on the level of the money supply from 2013 to 2022. The information used comes from secondary sources, specifically monthly financial report data from 2013 to 2022 that was directly retrieved from Bank Indonesia's official website. With the use of Eviews Statistical Software, multiple linear regression analysis, the coefficient of determination, the classical assumption test, and hypothesis testing were all used in the data analysis for this study.The study of the data reveals that the amount of money in circulation both before and after Covid 19 is impacted simultaneously by variable nominal debit card transactions, credit card transactions, and e-money transactions. In part, the variable nominal debit card transactions, the nominal credit card transactions, and the nominal e-money transactions have no impact on the amount of money in circulation in Covid 19. Since the R2 statistic indicates a 96.41% influence, the remaining 3.59% is influenced by factors that were not studied in this study.

Keywords


Credit Card Nominals, Debit Card Transaction Nominals,, E-Money Nominals

Full Text:

PDF

References


Adiyanti, Arsita I. 2015. "The Influence of Income, Benefits, Ease of Use, Promotional Attractiveness, and Trust on Interest in Using E-money Services". thesis. Malang: Brawijaya University.

Graceful Yuli Wijaya. (2021). Analysis of the effect of E-money, electronic transaction volume and interest rates on the money supply in Indonesia before and after the COVID-19 pandemic. Journal of Economics, Business and Education, 1(2), 2021, 135-145 ISSN: 2798-1193 (online) DOI: 10.17977/um066v1i22021p135-145.

Ayu Safitri. (2021). The Effect of Non-Cash Payments, Velocity of Money and Interest Rates on Inflation in Indonesia. Proceedings of the 2021 SATIESP National Seminar No. ISBN: 978-602-53460-8-8.

Braga, Farah Diba Abrantes; Isabella, Giuliana; and Mazzon, Jos Afonso. (2013), Do Digital Wallets as a Payment Method Influence Consumers in Their Buying Behavior? Comportamento Do Consumidor; Dinheiro Electronico. Volume XXXVII.

Christian Pandjaitan. (2021). The Effect of Non-Cash Payment Systems on the Money Supply in Indonesia. Volume 7, Number 1 June 2021 ISSN : 2460-5204 Faculty of Economics and Business, University of Palangka Raya, Master of Economics Study Program.

Fatmawati, Meilinda Nur Rasyida, and Indah Yuliana. "The effect of non-cash transactions on the money supply in Indonesia in 2015-2018 with inflation as a moderating variable." Expansion: Journal of Economics, Finance, Banking, and Accounting 11.2 (2019): 269-283.

FAUZIE, Syarief, et al. Analysis of the impact of non-cash payments on the money supply in Indonesia. Journal of Economics and Finance, 2014, 2.10: 14817.

Fatmasari, Dewi; Waridin, Akhmad Syakir Kurnia; and Amin, Rizaldi. (2019). Use of E-Money and Debit Cards in Student Consumption Behavior. E3S Web of Conferences. DOI: 10.1051/e3sconf/201912503013.

Gintting, Zakhariantara; Djambak, Syaipan; and Mukhlis. (2018). Impact of non-cash transactions on money circulation in Indonesia Journal of Development Economics, Vol. 16(2): pp. 44-55.

Igamo, AM & Telisa Aulia Falianty. (2018). The Impact of Electronic Money on The Efficiency of The Payment System And The Substitution of Cash in Indonesia. Sriwijaya International Journal Of Dynamic Economics And Business. SIJDEB, 2(3), 237-254.

Indrianawati, Entika and Soesatyo, Yoyok (2015). The Effect of Income Levels and Economic Knowledge on Student Consumption Levels. Surabaya State University Graduate Program, Journal of Education and Entrepreneurial Economics, Vol. 3. No. 1.

Nursari, A. (2019). The Effect of Non-Cash Payments on the Amount of Money Demanded by the Community (M1) and the Economy. Journal of Development Economics, 8(3), 285-306.




DOI: https://doi.org/10.30596/miceb.v1i0.264

Refbacks

  • There are currently no refbacks.