Mobile Payment As Financial Transactions In The Digital Era: An Empirical Analysis
Ratnawaty Marginingsih*, Wiwik Widiyanti, Isnurrini Hidayat Susilowati, Julia Retnowulan and Iin Soraya
Department Of Economics and Business, Bina Sarana Informatika University, Jl Kamal Raya No 18 Ringroad Barat, Cengkareng, Indonesia
*ratnawaty.rmg[at]bsi.ac.id
Abstract
The utilization of the development of the digital economy today has changed peoples behavior in almost all aspects of life. The use of technology such as mobile payment or often referred to as m-payment provides convenience in financial transactions. This study aims to determine the factors that influence the application of mobile payment systems by consumers. 230 respondents were surveyed online using the convenience sampling method. This study is a descriptive study using a quantitative approach. A research model was developed and proposed relationships were tested using Structural Equation Modeling (SEM). The results of the study were obtained by the factors of perceived usefulness payment, perceived ease of use, attitude toward using had a significant effect on intention to use in mobile payment based on the Chi-Squares, Probability, Chi-Squares Minimum (CMIN)/Degree of Freedom (DF), Goodness of Fit Index (GFI), Adjusted Goodness of Fit (AGFI), Comparative Fit Index (CFI), Tucker Lewis Index (TLI) and Root Mean Square Error Aproximation (RMSEA) results that are in accordance with the reference value of the structural equation modeling (Goodness of fit model). This shows that the use of mobile payments in all sectors is in great demand by all levels of society.
Keywords: Mobile Payment, Mobil Payment Adaption, Financial Transactions
Topic: Entrepreneurship & Technopreneurs