Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)

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Transition Effect of Payment Tool to Real Currency in Indonesia

Authors
Hari Setia Putra, Lorenza Ayu Ningsih
Corresponding Author
Hari Setia Putra
Available Online 10 March 2020.
DOI
10.2991/aebmr.k.200305.072How to use a DOI?
Keywords
debit card, credit card, RTGS, e-money, ECM
Abstract

Research aims to analyze the impact of the transition of payment equipment to real currency in Indonesia for the period 2015:07-2019:01. Real currency used in this research is the result of real money outside the commercial bank and BPR per consumer price index. The payment tool in this study represented 4 transaction schemes that are nominal debit card transactions, credit cards, RTGS (Real Time Gross) and nominal electronic money transactions (e-money). Data analysis methods use Error Correction Model (ECM). Before the data is processed, stationarity of the root test unit, co-integration, ECM, the individual test (T-test) and overall simultaneous testing (F-test) will be conducted. Results of the study showed the nominal transaction of debit cards, credit cards, RTGS (Real Time Gross) and nominal electronic money transactions (e-money) jointly significant effect on real currency in Indonesia. On the other hand, partial test results show that the amount of debit card transactions, credit card nominal and e-money is positively and significantly influential on real currency in Indonesia, while the nominal transaction of RTGS (Real Time Gross Settlement) is not significant impact on real currency in Indonesia.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
10 March 2020
ISBN
978-94-6252-921-2
ISSN
2352-5428
DOI
10.2991/aebmr.k.200305.072How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Hari Setia Putra
AU  - Lorenza Ayu Ningsih
PY  - 2020
DA  - 2020/03/10
TI  - Transition Effect of Payment Tool to Real Currency in Indonesia
BT  - Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)
PB  - Atlantis Press
SP  - 230
EP  - 234
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200305.072
DO  - 10.2991/aebmr.k.200305.072
ID  - Putra2020
ER  -