PENGARUH PEMBAYARAN NON TUNAI TERHADAP VARIABEL MAKROEKONOMI DI INDONESIA TAHUN 2010-2017

Abstract

This research aims to examine the effect of non-cash payments on the money supply, velocity of money, interest
rates and inflation. This type of research is quantitative research with a total sample of 96 and using a simple
regression test. The results of the study show that e-money transactions have a positive effect on the money
supply because e-money transactions have increased in line with the increase in the money supply. e-money
transactions have a negative effect on the velocity of money because more money is used to make transactions
generated by the same amount of income and the velocity of money will decrease. e-money transactions do not
affect the interest rate because e-money is a means of payment in direct transactions, and not for investment, it
has nothing to do with interest rates. e-money transactions have a negative effect on inflation because the
number of e-money transactions increases where e-money is categorized in M1 so that when money circulating
in the community has the potential to cause inflation, inflation in 2010 and 2017 has a negative effect.