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Abstract

Technology has shifted the payment system from cash to cashless method. It turns out that has an impact on the fiscal sector and economic growth. This study aims to examine and analyze the effect of cashless payment systems on economic growth through tax revenue as a variable intervening in 2013-2022. Partial Least Squares-Structural Equation Modeling (PLS-SEM) is used as an analysis method. The result of this study shows that cashless payment systems proxied by electronic money, debit/ATM cards, and credit cards have an impact on economic growth through tax revenue as an intervening variable, while internet banking does not. In outline, the use of cashless payment media has the potential to increase in Indonesia. Therefore, policymakers should collaborate with various parties, such as banks and society, to boost the use of cashless payment instruments as a medium of tax payment and increase economic growth.

Bahasa Abstract

Teknologi telah menggeser sistem pembayaran dari metode tunai ke nontunai. Hal tersebut diindikasikan berdampak pada sektor fiskal dan pertumbuhan ekonomi. Tujuan penelitian ini adalah menguji dan menganalisis pengaruh penggunaan sistem pembayaran nontunai terhadap pertumbuhan ekonomi melalui variabel intervening penerimaan pajak pada tahun 2013–2022. Metode analisis yang digunakan adalah Partial Least Squares-Structural Equation Modeling (PLS-SEM). Hasil penelitian menunjukkan bahwa sistem pembayaran nontunai yang diproksikan uang elektronik, kartu debit/ATM, dan kartu kredit berpengaruh terhadap pertumbuhan ekonomi melalui variabel intervening penerimaan pajak, sementara internet banking tidak berpengaruh. Secara garis besar, sistem pembayaran nontunai berpeluang tumbuh di Indonesia sehingga pembuat kebijakan hendaknya berkolaborasi dengan berbagai pihak, seperti perbankan dan masyarakat untuk meningkatkan penggunaan alat pembayaran nontunai sebagai media pembayaran pajak, serta meningkatkan pertumbuhan ekonomi.

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