Cash Payment System Research Articles

Cashless Payment System: A Study on Perception of Small and Medium Retailers

The cashless payment system has been prevailing strongly in every business field because of its unique and convenient nature. All the financial transactions have been made easier through this system. It has reduced the hassle of carrying physical cash and also the trepidation of losing money. Innovative technologies such as UPI, E-wallets, Mobile banking, Smart cards, etc., have encouraged digital transactions in businesses. Cashless payment system plays a crucial role in retail business due to the higher activity of transactions in the retail business. It helps the retailers in sustaining transparency and accountability of their business transactions. Due to digital illiteracy and security issues, many retailers and customers are still preferring the traditional cash payment system. Many initiatives have been taken up by the Indian government to promote digital transactions and subside the flow of black money to some extent which leads to the economic development of the country. The research study aims to understand the perception of the retailers of medium and small businesses in Andhra Pradesh. The study focuses on the awareness among the retailers towards cashless payment system and also the problems faced by them through this system. The primary data was collected from 100 respondents who were small and medium business retailers in the Kadapa district of Andhra Pradesh. The study concluded that most of the retailers have adopted and are using cashless payment system in their business.

Rantai Pasok Kopra Di Desa Cio Gerong Kecamatan Morotai Selatan Barat Kabupaten Pulau Morotai

The purpose of this study was to analyze and describe the copra supply chain in Cio Gerong Village, South West Morotai District, Morotai Island Regency. The research was conducted for 3 months, from August to November 2023. The research was conducted in Cio Gerong Village, South West Morotai District, Morotai Island Regency. This research uses primary data taken by conducting surveys, interviews, questionnaires, and documentation to respondents directly. The secondary data were taken through relevant agencies, such as the Central Bureau of Statistics, literature books, literature, journals from the internet. Sampling of farmers was done purposively (purposive sampling), the number of samples selected was 10 samples from 50 copra farmers, while the sample for copra traders was 5 people from 10 copra collectors. The data analysis used is descriptive method to identify product flow, financial flow and information flow. The results showed that the supply chain in Cio Gerong Village, West South Morotai Subdistrict, Morotai Island Regency, based on the flow of products from upstream to downstream starting from copra farmers, small collectors, and large copra collectors. The financial flow from downstream to upstream starts from large collecting traders buying copra from small collecting traders with a cash payment system and small collecting traders buying copra from farmers with a cash payment system. The flow of information flows from two directions, namely the first direction of large collectors to small collectors then to farmers, the second direction is farmers to small collectors then to large collectors.

Crypto Currency on the Development of Nigeria Banking System with Particular Reference to the First Bank Nigeria Plc

The study examined the effect of crypto currency on the development of Nigerian banking system with particular reference to the first bank Nigeria Plc. The study specifically examined the effect of Bitcoin (BTC) payment system and Litecoin (LTC) payment system, Ethereum (ETH) payment system and Bitcoin Cash payment system on the profit for the year of first bank Nigeria Plc. Data for the study was sourced through annual reports and accounts of first bank Plc for a period of 10 years, data collected were analysed using multiple regression analysis. Result of the analysis shows that Bitcoin (BTC) payment system has a positive and significant effect on the profit for the year of first bank Nigeria Plc. It was also observed that Litecoin (LTC) payment system has a negative significant effect on the profit for the year of first bank Nigeria Plc. The study further shows that that there is a negative effect of Ethereum on Profit for the year of first bank Plc. The study further indicates that Bitcoin Cash has a positive and significant effect on Profit for the year of firs bank Plc. Several financial regulatory authorities and institutions issued casual warnings to the general public, advising of the risks of involvement in digital currencies; however, digital currencies (especially cryptocurrencies) are thriving since the number of businesses and persons who accept them as payment are increasing by the day. A significant number of people are now fully convinced that the digital currency-Bitcoin is legitimate, safe and has value. "Bitcoin is going to be transformative" but unfortunately, since it is virtually untraceable it has been used for a host of nefarious purposes. Although, digital currencies may be very attractive to cybercriminals and fraudsters and present a host of new challenges to law enforcement in Nigeria, its adoption as a tool for national development in the digital age should be widely encouraged.

Kajian Hukum Ekonomi Syariah dalam Penyelesaian Wanprestasi Praktik Jual Beli Kayu Jati secara Kredit pada Usaha Dagang Berkah Jati Mlonggo Jepara

<p><em>Problems with business activities often end in conflict because one of the parties defaults or does not fulfill the obligations agreed together. This research aims to determine the resolution of defaults in the practice of buying and selling teak wood at the Berkah Jati Mlonggo Jepara Trading Business and analyze it using a Sharia Economic Law approach. The type of method used in this research is field research based on a sociological juridical approach. To obtain information or data, this research uses data sources in the form of primary data and secondary data. Primary data was obtained by direct interviews with informants or sources, while secondary data consisted of primary legal materials, secondary legal materials, and tertiary legal materials. After the information or data is collected, analysis is then carried out using qualitative descriptive data analysis techniques. The findings of this research indicate that the practice of buying and selling teak wood is carried out in writing using a cash and credit payment system. The credit practices carried out by sellers follow Sharia principles, meaning there is no element of usury. Resolving defaults through negotiation by providing several offers to extend the payment period (rescheduling) and relief from credit installment payments (reconditioning). The realization of default resolution in the practice of buying and selling teak wood in the study of Sharia Economic Law is the seller's effort to create benefits and avoid mafsadah so that the relationship between the seller and the buyer remains harmonious and can avoid hostility.</em></p>

Penerapan Buy Back Guarantee Bagi Pembeli dan Developer Berdasarkan Undang-Undang Perlindungan Konsumen

Housing is one of the needs that must be met by all people in the world, both in developing and developed countries, in addition to food needs, proper housing certainly influences the formation of the nation's personality so that they can socialize well in society. Every year the need for houses as a place to live or occupancy is increasing due to the increasing population both in rural and urban areas. Basically, fulfilling housing needs is the responsibility of each community itself, but the state helps the community to obtain and provides convenience in obtaining housing through housing developers. Housing developers or developers who have built their homes can sell to debtors with a gradual cash payment system and Home Ownership Credit (KPR), a gradual cash payment system. For KPR, a credit agreement can be signed which contains the approved credit value and the credit loan repayment period. The credit agreement made must be known by the housing developer or developer, which can be in the form of a private deed, or a deed drawn up before a notary or land deed official.

The Influence of Non-Cash Payment Transactions on Economic Growth in 5 ASEAN Countries

Technological advances are currently growing rapidly, financial technology is no exception. The development of financial technology has had an impact on innovation in the payment system from a cash payment system to a non-cash payment system. The purpose of this study was to determine the effect of non-cash payment transactions on economic growth in 5 ASEAN countries. The variable of economic growth in this study is calculated through the growth of real GDP published by the World Bank (WDI), and the variable of non-cash payments in this study is assumed to be through the growth of the transaction value of debit cards, credit cards, e-money and cheques issued by the Bank International of Settlement (BIS). The data used in this study is secondary data in the form of panels (annual) in 5 ASEAN countries from 2012 to 2019. The analytical method used in this study is the panel data regression method. The results of this study indicate that the growth in the value of non-cash payment transactions in the form of debit cards and e-money has proven to be able to stimulate economic growth in these countries. Meanwhile, payments by credit cards and cheques had no impact on economic growth. This is because debit cards provide direct access to consumers personal funds, making it easier for the public to consume goods and can also contribute to economic growth. As an electronic payment instrument, e-money has also been proven to provide benefits for alternative payments, especially for micro and retail payments. Through the use of e-money, the goverment’s income can increase from the increasing number of customers who have used e-money payments, so that this can encourage an increase in economic growth.

Buying And Selling Orders In The Kitab Al-Jami' Sahih Muslim: A Study Of Takhrij

Kitab Al-Jami', better known as Kitab Sahih Muslim, is a famous kutub al-sittah. This book is attributed to Al-Imam Abu al-Husain Muslim ibn al-Hajjaj al-Qusyairi al-Naisaburi, better known as Imam Muslim. This book discusses hadiths in various spheres of life, such as aqidah, worship, and muamalah. This paper traces the muamalah's study of buying and selling orders in the Muslim Sahih Book. One transaction that has developed along with the advancement of information and technology is buying and selling orders, known as bay' al-salam. Bay al-salam transactions in the modern era are used in online buying and selling transactions. This paper seeks to trace how the position of buying and selling greetings in the hadith of the Prophet is contained in the Book of Sahih Muslim. This paper uses literature research using the takhrij hadith method. The takhrij hadith method is used with a thematic approach (maudhu'i). The results showed that the hadith about buying and selling orders is in the hadith 'aziz with muttasil. The matan of this hadith does not contradict the intellect and postulates of the Qur'an. Order buying and selling transactions in their actualization experience differences in criteria applied in Islamic bank financing products and online buying and selling or e-commerce. Greeting transactions are not only in agriculture but also include various products with a cash payment system at the beginning of the transaction.

ANALYSIS OF THE EFFECT OF NON-CASH PAYMENT TRANSACTIONS ON THE MONEY SUPPLY M1 IN INDONESIA

The rapid development of science and technology encourages various innovations in the financial sector. The payment system has evolved from a cash payment system to a non-cash payment system. The convenience offered by the non-cash payment system will impact the effectiveness of monetary policy and financial stability through the money supply in the community. This study aims to determine the impact of non-cash payments on the narrow money supply in Indonesia. This study was conducted using secondary time series semester data sourced from Bank Indonesia (BI) and the Central Bureau of Statistics (BPS) with a period between 2016 (I) and 2022 (II). The data is processed using multiple linear regression analysis methods. The results of this study will show that transactions using debit cards have no significant effect on the narrow money supply, while transactions using credit cards have no significant effect on the little money supply, and e-money has a positive significant impact on the limited money supply in Indonesia

Study of Literature on Business Ethics for Entrepreneurs

Bank Indonesia as the monetary authority is responsible for the smooth running of the payment system. In general, the payment system in Indonesia is divided into two, namely the cash payment system and the non-cash payment system. In the cash payment system, the tools used are in the form of currency or commonly called banknotes and coins as a means of payment. Then in the non-cash payment system, the tools used are Card-Based Payment Instruments, bilyet giro, checks, debit notes, and the latest instruments, namely electronic money. The range of cashless payment systems is divided into two types of transactions, namely transactions with large transaction values (wholesale) and retail transactions. While the number of entrepreneurs in Indonesia is still recorded at 0.43% of the total productive age population, this figure is very far behind neighboring countries, such as Singapore where the number of entrepreneurs has reached 7%, Malaysia 5%, and Thailand 3%. Meanwhile, according to the chairman of KPPU said that in 2017 the number of entrepreneurs in Indonesia ranged from 1.6% - 1.8% of the total population in Indonesia. This number is still very far from the standards of developed countries with a minimum number of entrepreneurs of 2% of the total productive age, to overcome this the government seeks to create 20,000 new entrepreneurs and the development of 1,200 Small and medium industry centers or can be called SMIs. In this article, we provide an idea from Bank Indonesia for business ethics for entrepreneurs. The method used in this article is to study the literature and review some of the references obtained. So it is hoped that this idea will have a good impact on readers and provide changes for Indonesian entrepreneurs in the future.

Analisis Rantai Pasok Komoditi Bawang Merah Di Pasar Bersehati Kota Manado

This study aims to analyze the shallot commodity supply chain at the Bersehati Market in Manado City and to determine the marketing efficiency of the shallot commodity supply chain at the Bersehati Market in Manado City. This research was conducted at the Bersehati Market from January 2023 to March 2023. The sample determination in this study used a purposive sampling method. There were 24 research respondents consisting of 4 wholesalers and 20 retailers. This study uses two types of data, namely primary and secondary data. The data analysis used is quantitative descriptive analysis. The results of the study show that the shallot supply chain at Bersehati Market is based on product flow moving from upstream to downstream starting from farmers, collectors, retailers, wholesalers, retailers and consumers. Financial flows move from downstream to upstream starting from consumers, retailers, wholesalers, collectors and farmers with cash payment systems and bank transfers. The flow of information moves from two directions, information is provided regarding the quality, quantity and price of shallots. The marketing efficiency level of shallots at the Bersehati Market is below 33%. This shows that the shallot supply chain at the Bersehati Market in Manado City has been efficient.

Assessing the Customer Behaviour in Relation to Electronic Payment Systems (EPS) in Some Ghanaian Banks in the Kumasi Metropolitan Assembly- Kumasi, Ghana

Although other payment methods are available, like card, cheque, mobile, and online payments, most Ghanaians still use the cash payment system. The study examined how Ghanaian customers felt about using electronic payments. These included determining thesector andctors that influence consumer adoption and use of electronic payment services in Ghanaian banks, examining customer satisfaction with e-payment in the banking sector, and preventing fraud. A sample size of 100 participants was chosen for the study using purposive sampling to select participants from the banks and systematic sampling to select participants from the customers. According to the research’s findings, factors such as usability, security, privacy, the caliber of the after-sales support, marketing mix, and reputation affect consumers’ opinions of electronic payment systems. According to the study, customers are satisfied with the value offered for their banking requirements and the opportunity to experiment with e-payments in the banking sector. The study also found that while customers’ top concerns are trust and security, barriers to e-commerce include a low internet penetration rate, fewer users, expensive and challenging e-commerce technology, and a lack of progress in other supporting industries. Trust and security are significant deterrents against using electronic payment systems. The ability of consumers and banks to reach a larger market and participate in the world payment system is another way that technology can help the economy. Stakeholders should offer the unbanked sufficient assurances of security for utilizing electronic payment systems on their privacy without requiring them to maintain accounts with them. Keywords: Electronic Payment Systems (EPS), Automated Teller Machines (ATMs), Kumasi Metropolitan Assembly (KMA)Payment Portal Services (PPS), Information and Communication Technologies (ICTs), and Central Business District (CBD).

The Intention to Use Mobile Payment during the Covid-19 Pandemic: The Mediating Role of Attitude

The Covid-19 pandemic requires individuals to maintain physical distance and this has affected buying and selling transactions where previously the majority used the cash payment system to switch to digital payments or mobile payments to maintain distance and reduce physical contact. This study aims to examine the effect of perceived usefulness and perceived ease of use on the intention to use mobile payment in Malang of Indonesia. This study also investigates the mediating role of attitude in explaining this relationship. The population in this study are individuals who adopted mobile payment services in Malang of East Java in Indonesia. The analytical tool used is Structural Equation Modeling (SEM). The findings of this research showed that perceived usefulness and perceived ease of use had a direct effect on attitudes, perceived usefulness, while perceived ease of use and attitudes also had a direct effect on the intention to use mobile payment. In addition, attitudes can mediate perceived usefulness and perceived ease of use on the intention of using mobile payments during the Covid-19 pandemic.

The Impact of Gamification on Female Gen Z Users’ Continuance Intention to Use Digital Payment Method in Jakarta

The rapid advancement in technology today has altered the way and conduct of customers when making purchases. Almost every part of life has started to change from conventional to digital. This is relevant, for example, in the case of payment transactions. The large number of e-commerce industries, online transportation, and payment systems through digital payment applications reflect Indonesia's rapid digitalization. The payment system emerged as a revolution that transformed the cash payment system into a non-cash payment system. GoPay, OVO, Dana, Linkaja, Qris, Shopee Pay Later, Doku, and other digital payment methods are currently available in Indonesia. The aim of this study was to examine the impact of the gamification on the intention to continue using the Digital Payment Services. This form of study is known as quantitative analysis. This study's data source is primary data collected from digital payment users in Indonesia.

Pengaruh Dompet Digital Terhadap Budaya Belanja Individu di Kota Medan

Current technological developments are progressing quite rapidly, so that it affects the development of payment systems, especially in the use of non-cash payment systems. Non-cash payment systems have begun to replace the role of cash payment systems in Indonesia. The development of digital wallets continues to this day. The purpose of this research is to find out how the use of digital wallets affects individual shopping culture in the city of Medan. This study uses a qualitative method using a questionnaire with a sample of 100 people, and a test tool using SPSS 25. The results of this study indicate that there is an effect of using a digital wallet with individual shopping culture. The results of the R Square value of 0.827 indicate that trust, convenience and benefits of digital wallets have an influence of 82.7%, while the rest is influenced by other demand variables.

ANALISIS RANTAI PASOK PADA KOMODITAS KOPRA DI DESA LOWIAN KECAMATAN MAESAAN KABUPATEN MINAHASA SELATAN

The study aims to identify supply chains based on product flow, information flow, financial flow and analyze the level of marketing efficiency in the copra commodity supply chain. This research was carried out for three months, from August to October 2021, which took place in Lowian Village, Maesaan District, South Minahasa Regency. This study uses primary data and secondary data. The population in this study were all coconut farmers and copra collectors. Sampling using a simple random sampling method (simple random sampling) obtained 50 farmers from a population of 248 farmers and 3 traders collectors. The results showed that the supply chain in Lowian Village was based on product flow from upstream to downstream starting from copra farmers, collectors, and copra processing factories. The flow of information flows from two directions, namely the first direction the factory provides information to traders about the quality and price of copra needed then traders provide price information to farmers, the second direction is farmers provide information to traders about the quality of copra sold then traders will inform the factory about the volume marketing of copra to be sold. As for the financial flows from downstream to upstream, starting from factories that buy copra from collecting traders via bank transfer, then collecting traders buy copra from farmers with a cash payment system. The level of marketing efficiency in the copra supply chain seen from the total marketing margin, marketing costs and profits has been efficient.

Establishing Agri and Food Supply Chain Provenance Based on Blockchain: Literature Review

In recent years, technological research and studies have accelerated in the agriculture and food industry to protect and improve the trust of consumers. In 2008, with the publication of the white paper on “Bitcoin: Peer-to-peer Electronic Cash Payment System” by Satoshi Nakamoto, the world met with blockchain technology, where there are no middlemen and transfers are made securely. In the following years, with the development of Ethereum by Vitalik Buterin and the interpretation of the concept of Smart Contracts with blockchain technology, blockchain technology has begun to influence all sectors, thanks to its benefits such as increasing transparency and reliability in contracts between parties. Blockchain technology, in addition to providing solutions to financial systems that have become dysfunctional, also brings alternatives to supply chain management, where data needs to be transferred securely and quickly. Blockchain applications used in FSC emerge as a technology that will enable us to solve problems such as food security, food integrity, food fraud, etc.
 In this paper, It has been studied on how to use blockchain technology in the food supply chain, how to choose the suitable blockchain platform, and how It will be facilitating for solutions such as tracking from field to fork, back-tracking are examined the data saved in the blocks and the working mechanism will be discussed in the background.

PENGARUH FINANCIAL LITERACY DAN FINANCIAL ATTITUDE TERHADAP PERILAKU PEMBAYARAN KARTU KREDIT DI UNIVERSITAS MERCU BUANA MERUYA (Studi Pada Mahasiswa Kelas Karyawan Fakultas Ekonomi dan Bisnis Studi Manajemen)

The use of credit cards in recent years has continued to increase, this is because the cash payment system is considered to reduce the convenience of transactions and is considered to have a relatively high security risk. While the use of credit cards provides a payment system that is more practical, fast, secure and convenient but in its use it requires financial literacy and a good financial attitude so that credit cards can be based on important needs and in accordance with the financial situation of each customer. This study aims to examine the influence of financial literacy and financial attitudes on credit card payment behavior at Mercu Buana Meruya University. The sample used amounted to 73 respondents in students of the Faculty of Economics and Business Management Studies at Mercu Buana Meruya University. The data was collected using questionnaires, the sampling technique used in this study is a non probability sampling technique. The analysis method used in this study is multiple linear regression analysis using SPSS 22. The results showed that financial literacy and financial attitudes had a positive and significant effect on credit card payment behavior.

ANALISA SISTEM INFORMASI AKUNTANSI PENJUALAN TUNAI PADA THE GENTLEMAN BARBERSHOP DELTASARI MENGGUNAKAN APLIKASI MAJOO

The analysis of cash sales accounting information systems at The Gentleman Barbershop aims to improve the cash payment system owned by the company to operate companies where these activities require information. An accounting information system is a system that plans, controls and operates a business. The Gentleman Barbershop is a business entity that is engaged in hair cutting services, recording transactions and previous financial reports using the Moka Application which always experiences errors and is not accurate, so I advise the owner to use the Majoo Application which is more accurate and safe. The complete entrepreneurial Majoo application for all solutions for all types of businesses that has many functions, the price of all entrepreneurial needs. Consists of online cashier, inventory, finance and accounting, employee attendance, CRM, and business analysis. The process starts from the beginning, namely analyzing the activities of The Gentleman Barbershop on the majoo application, then compiling data flow diagrams. The results of this study indicate that the majoo application is running well and is able to meet the information needs of The Gentleman Barbershop, collecting data using direct observation techniques at the salon, conducting interviews and conducting searches using literature.

ANALISIS DAN PERANCANGAN SISTEM INFORMASI MANAJEMEN DI KLINIK PRATAMA BSMI KLATEN

Clinic is a health service facility that organizes individual health services that provide basic and specialized medical services, is organized by more than one type of health worker and is led by a medical staff (Menkes RI, 2001).
 Clinic Pratama BSMI Klaten is an institution engaged in the field of health services that provides quality basic health services. Present as a follow-up to the post-earthquake service process in Yogayakarta-Central Java on May 26, 2006 Inaugurated on November 13, 2006 by the Chairperson of the MPR. RI Dr. Hidayat Nurwahid, MA and the general chairman of BSMI DR.dr. H. Basuki Supartono, SP.OT, FICS, MARS.
 So far, the recording of patient medical records at the BSMI Klaten Primary Clinic is still using book media. This means that all these activities are carried out without the assistance of a computer so that it can result in lost or lost clinical records of various data. This, according to the author, is still very ineffective because it makes it difficult when presenting data such as an example of presenting data on treatment history or medical records for each patient which will take a long time.
 To overcome this problem, an information system that is able to provide fast information to patients and the public is needed. In order to improve services and improve the performance of each unit which is interconnected and integrated.
 Analysis and design of management information systems at the BSmi Klaten Pratama clinic which was made using the PHP programming language and the server using MySQL. The designed process consists of a registration unit, an initial examination of the patient by a nurse, a doctor's examination, a medical support unit, a pharmacy and a cash payment system, each of which can be data-integrated in a Clinical Management information system.

MARKETING CHANNELS ANALYSIS OF CARICA (Carica Pubescens) FARMING IN KEJAJAR DISTRICT, WONOSOBO REGENCY

The main problem of Carica farming in Kejajar District was the differences in farmers' prices in the collection and processing Carica fruit industry. The product marketed by the farmers was fresh Carica fruit and information about the minimum selling price caused them to be unable to determine the right institution. These problems affected Carica's marketing channel, leading to market inefficiencies. This study's place was selected purposively in Kejajar District, Wonosobo Regency, with the consideration that Kejajar Subdistrict is a Carica center with a production of 4,589 tons (68%) of the total Carica production in Wonosobo Regency. The research was conducted from October - November 2020. The Structure Conduct Performance (SCP) method was used to analyze the marketing channels. The results of the marketing channel analysis show that the market structure formed at the farm level was in the form of a purely competitive market, and at the trader level, the market structure was formed by oligopoly. There were six Carica-marketing channels with cash payment systems, and the merchant determined the purchase price. The highest farmer’s share and profit to cost ratio was channel I (farmer → processing industry) and VI (farmer → village collector → processing industry). The marketing efficiency analysis results show that the marketing of Carica was inefficient because the farmer's share at four marketing channels received by farmers was still less than 40%. Keywords: Carica (Carica pubescens), farming, marketing channels, marketing efficiency, SCP