The Influence of Non-Cash Payment Transactions on Economic Growth in East Java

Abstract

The purpose of this study is to ascertain the impact of ATM-debit cards, credit cards and e-money on East Java's economic growth. This kind of descriptive quantitative research uses secondary data from the Central Statistics Agency and Bank Indonesia's official websites. The classical assumption test, multiple linear regression analysis, and hypothesis testing are the test instruments used in this study. The study's findings indicate that X1 influence on Y has a sig value of 0.077 > 0.05. X2 has an impact on Y of 0.454 > 0.05. X3 has an impact on Y of 0.397 > 0.05. The simultaneous influence of X1, X2, and X3 on Y is known to be 0.140 > 0.05. The usage of ATM-debit cards no significantly and positif to East Java's economic expansion. The growth of East Java's economy is no significantly and negative by credit card use. East Java's economic growth is no significantly and negatively by the use of e-money. Whereas, the use of ATM-debit cards, credit cards and e-money simultaneously has a positive and insignificant influence on economic growth in East Java.