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Abstract

Abstract. Digital financial literacy is an important factor in a person's economic behavior. A person who has a high level of digital literacy will use financial services to obtain the maximum benefit from the financial services used. In payment behavior, a person with a high level of literacy will use the payment system that provides the most financial benefits. However, there are various literatures that provide varying results regarding the impact of digital financial literacy on payment system usage. Therefore, in this study, we empirically examine the impact of digital financial literacy on the use of payment systems, especially cashless at the provincial level in Indonesia. We use 136 observations per province year for the period 2019 - 2022 to test our empirical model covering 34 provinces. We find that overall, digital financial literacy has no effect on the use of non-cash payment systems.


 Keywords: Financial literacy, digital, cashless, payment, financial literacy

Keywords

digital literacy financial technology cashless payment financial literacy

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This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. Copyright @2017. This is an open-access article distributed under the terms of the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License (http://creativecommons.org/licenses/by-nc-sa/4.0/) which permits unrestricted non-commercial used, distribution and reproduction in any medium 

How to Cite
Pudin, A. S., Karyani, E., Pamungkas, P., & Achsanta, A. F. (2024). Digital Literacy and Cashless Payment: Evidence from Indonesia. The Asian Journal of Technology Management (AJTM), 17(1), 51–58. https://doi.org/10.12695/ajtm.2024.17.1.4
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