Future Electronics Payment System Model

Author:

Selfira ,Abdillah Gabriel,Harahap Wintari,Muda Iskandar

Abstract

Abstract This paper aims to know information about the differences of Future Electronics Payment System Model. We describe various systems of electronic payment services, security issues related to them and the future of the mobile payment mode and overview of e-money. Payment systems using e-money is a process of modernization of the payment system that is safe, convenient, and easy which has been developed in several countries in the world. Electronic Money is essentially cashless money. Its function is a non cash payment instrument to merchant not to the issuer of electronic money. The data used is secondary data form Bank of Indonesia Report in 2011-2017. This type of paper is comparative method. Data analysis used is non parametric of Analysis of Variance (ANOVA). The findings show that therea are significant differences for each type of payment model. This is indicated that there are significant differences for each type of payment model and the payment system using e-money is predicted will grow up fo the future. Payment systems using e-money is a process of modernization of the payment system that is safe, convenient, and easy which has been developed in several countries in the world.

Publisher

IOP Publishing

Subject

General Physics and Astronomy

Reference16 articles.

1. Characteristics of Electronic Money in the Payment System;Usman;Finance Review,2017

2. Analysis of the Use of Electronic Money in Efforts to Support the Less Cash Society;Wulandari;International Finance and Banking,2016

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