A Review of Financial Literacy in Southeast Asian Cognate Countries

A cashless society is a collective vision of world citizens to create a payment system that is faster, more flexible, and more automatic. This study aims to formulate findings on publications conducted in 2012-2022, focusing on a cashless society. Using the Systematic Literature Review approach, thi...

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Detalles Bibliográficos
Main Authors: Endang Komesty Sinaga, Ikaputra Waspada
Formato: Artigo
Idioma:English
Publicado: Research Center and Case Clearing House, Sekolah Tinggi Manajemen PPM 2023-07-01
Series:Journal of Management and Business Review
Subjects:
Acceso en liña:https://jmbr.ppm-school.ac.id/index.php/jmbr/article/view/437
Descripción
Summary:A cashless society is a collective vision of world citizens to create a payment system that is faster, more flexible, and more automatic. This study aims to formulate findings on publications conducted in 2012-2022, focusing on a cashless society. Using the Systematic Literature Review approach, this study uses 14 main sources from the Scopus database to identify shared understanding, supporting factors, and the impact of a cashless society from the perspective of researchers. This study found that the formation of a cashless society is a solution for efforts to grow the economy and speed up societal transactions. Another benefit is the prevention of criminal acts of corruption, extortion, and fraud, where electronic payments made in a registered manner have suppressed these crimes. The dark side of a cashless society is the potential for privacy violations and paralysis of the economic system caused by internet system failures
ISSN:1829-8176
2503-0736