Analysis the Influence of Non-Cash Payment to Output (Case Study: Selected ASEAN Countries)

This study aims to analyze the effect of non-cash payments to output, and the case study is in 3 selected ASEAN countries such as Indonesia, Malaysia and Vietnam. This study will analyze how the effect of non-cash payments consisting of credit card transactions and electronic money transactions on output in Indonesia, Malaysia and Vietnam. The data analysis technique used in this research is a quantitative method with panel data by using Stata 14.2 version software program. The data used are credit card transactions, electronic money transactions and GDP per capita for the 1st to 4th quarter of 2018-2021 period in the 3 selected ASEAN countries. Based on the results of this study, credit card transactions have a negative effect on GDP per capita in Indonesia, Malaysia and Vietnam and electronic money transactions have a positive effect on GDP per capita in Indonesia, Malaysia and Vietnam. Keywords: Credit Card, Electronic Money, GDP per capit