Financial Technology as Payment Methods in the Digital Era
FinTech is defined as technological innovation in financial services that can produce business models, applications, processes, or products with material effects related to financial services provision. This study aims to analyze the impact of developing a digital payment system and prevent inflatio...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Universitas Komputer Indonesia
2021-06-01
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Series: | International Journal of Research and Applied Technology |
Subjects: | |
Online Access: | http://ojs.unikom.ac.id/index.php/injuratech/article/view/5454 |
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author | I Budiarti F Hibatulloh M Salman |
author_facet | I Budiarti F Hibatulloh M Salman |
author_sort | I Budiarti |
collection | DOAJ |
description | FinTech is defined as technological innovation in financial services that can produce business models, applications, processes, or products with material effects related to financial services provision. This study aims to analyze the impact of developing a digital payment system and prevent inflation due to a large amount of cash in circulation. The method used in this study is qualitative. Fintech technology is very beneficial for the community, especially in industrial revolution 4.0, where this digital payment system has advantages and disadvantages. The advantages are efficiency and safety, while the disadvantages are higher interest costs. This digital payment system can minimize inflation due to the large amount of money circulating in society. |
first_indexed | 2024-04-11T11:09:04Z |
format | Article |
id | doaj.art-e970b27f03cc48d3925529284623308c |
institution | Directory Open Access Journal |
issn | 2810-0662 2807-7229 |
language | English |
last_indexed | 2024-04-11T11:09:04Z |
publishDate | 2021-06-01 |
publisher | Universitas Komputer Indonesia |
record_format | Article |
series | International Journal of Research and Applied Technology |
spelling | doaj.art-e970b27f03cc48d3925529284623308c2022-12-22T04:28:10ZengUniversitas Komputer IndonesiaInternational Journal of Research and Applied Technology2810-06622807-72292021-06-011191610.34010/injuratech.v1i1.5454Financial Technology as Payment Methods in the Digital EraI Budiarti0F Hibatulloh1M Salman2Universitas Komputer IndonesiaUniversitas Komputer IndonesiaUniversitas Komputer IndonesiaFinTech is defined as technological innovation in financial services that can produce business models, applications, processes, or products with material effects related to financial services provision. This study aims to analyze the impact of developing a digital payment system and prevent inflation due to a large amount of cash in circulation. The method used in this study is qualitative. Fintech technology is very beneficial for the community, especially in industrial revolution 4.0, where this digital payment system has advantages and disadvantages. The advantages are efficiency and safety, while the disadvantages are higher interest costs. This digital payment system can minimize inflation due to the large amount of money circulating in society.http://ojs.unikom.ac.id/index.php/injuratech/article/view/5454applicationdigitaltechologypaymentfinancial |
spellingShingle | I Budiarti F Hibatulloh M Salman Financial Technology as Payment Methods in the Digital Era International Journal of Research and Applied Technology application digital techology payment financial |
title | Financial Technology as Payment Methods in the Digital Era |
title_full | Financial Technology as Payment Methods in the Digital Era |
title_fullStr | Financial Technology as Payment Methods in the Digital Era |
title_full_unstemmed | Financial Technology as Payment Methods in the Digital Era |
title_short | Financial Technology as Payment Methods in the Digital Era |
title_sort | financial technology as payment methods in the digital era |
topic | application digital techology payment financial |
url | http://ojs.unikom.ac.id/index.php/injuratech/article/view/5454 |
work_keys_str_mv | AT ibudiarti financialtechnologyaspaymentmethodsinthedigitalera AT fhibatulloh financialtechnologyaspaymentmethodsinthedigitalera AT msalman financialtechnologyaspaymentmethodsinthedigitalera |