ANALISIS PENGARUH ELECTRONIC MONEY TERHADAP JUMLAH UANG BEREDAR DAN VELOCITY OF MONEY DI INDONESIA
DOI:
https://doi.org/10.53625/juremi.v2i2.2839Keywords:
Electronic Money, Money Supply, Velocity of MoneyAbstract
The purpose of this study is to determine whether electronic money has an effect on the money
supply and velocity of money in Indonesia. Technological developments that are increasingly
developing affect payment systems that used to use cash to become e-money. E-money is starting
to develop and is in demand by the public because it is considered more efficient and effective.
The increasing use of electronic money (e-money) by the public has an impact on the money
supply (M1) in Indonesia and the velocity of money. This study uses a quantitative approach with
the type of associative research. This study uses secondary data sources. The sample in this study
is the value of the volume of electronic money, the value of the money supply and the value of the
velocity of money in Indonesia in 2012-2021. This study uses secondary data sources. The data
analysis method used in this research is simple linear regression analysis. The result of this
research is that e-money has a significant effect on the money supply. Electronic money contains
float funds that are highly liquid which can be used to make legal payment transactions. So when
the value of float funds increases, the amount of money in circulation in the community also
increases. Electronic money has a significant effect on the velocity of money, when many people
use e-money, fewer people use cash to make transactions.
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