Optimization of Electronic Payments to Boost Economic Growth on QRIS Services

Authors

  • Reni Tiara Institut Agama Islam Negeri Ponorogo, Indonesia
  • Iza Hanifuddin Institut Agama Islam Negeri Ponorogo, Indonesia

Keywords:

Optimization, Electronic Payment, Economic Growth, QRIS, Constraints.

Abstract

The lack of public understanding regarding the use of QRIS makes the service function less optimal. So that in making transactions, people prefer to use cash payments. The government as a policy maker must be swift in overcoming this problem so that the purpose of QRIS as a standard for non-cash payments can be achieved and can be reached by all Indonesians. The purpose of this study is to optimize QRIS as an alternative to non-cash payments to boost economic growth. The research method used in this study is descriptive qualitative method. The data obtained comes from books, the internet, journals, and related sources that are relevant to the subject matter in the research. The results of the study found that to optimize the function of QRIS as an electronic payment, the government must socialize to the public about the payment process using QRIS. This method is expected to educate and convince the public in choosing QRIS as a transaction medium, thus having an impact on increasing economic growth.

Downloads

Download data is not yet available.

References

Abiba, R. W., &; Indrarini, R. (2021). The Effect of Using Server-Based Electronic Money (E-Money) as a Transaction Tool on the Creation of the Less Cash Society Movement in the Millennial Generation in Surabaya. Journal of Islamic Economics and Business, 4(1), 196-206.

Abid Rohmanu, Maqasid Ethical Theorization of Islamic Legal Dialectics and Global Ethics. (Yogyakarta: Q-Media, 2021), 93.

Afandi, A., &; Rukmana, L. (2022). Effectiveness and Efficiency of Quick Response Indonesian Standard (QRIS) Non-Cash Payment System in Influencing Student Financial Inclusion. BanKu: Journal of Banking and Finance, 3(2), 73-83.

Afifah, N., &; Yudiantoro, D. (2022). The Influence of Lifestyle and Use of Electronic Money on Consumptive Behavior. YUME: Journal of Management, 5(2), 365-375.

Anam, C., &; EI, M. (2018). E-Money (electronic money) in the perspective of Sharia Law. Qawãnïn Journal of Economic Syaria Law, 2(1), 95-112.

Ananda, M. A. (2022). Electronification of Local Government Payment Transactions. Journal of STIAPEN Business Administration, 1(1), 38-48.

Angelika, A., Maharani, N., Waridjo, M. S., &; Desmawan, D. (2022). Human Capital Analysis of Inflation on Indonesia's Economic Growth for the 2016-2020 Period. Aurelia: Indonesian Journal of Research and Community Service, 1(1), 114-119.

Arsyad, Kamaruddin. (2020). Fintech in the Maqasid Theory of Syariah. Jakarta: PT Publica Indonesia Utama.

Asra, A. (2020). The impact of changes in the type and function of money for the economy according to the perspective of Islamic economics. J-EBIS (Journal of Islamic Economics and Business), 25-36.

Aulia, M. (2021). Electronic money, digital money (cryptocurrency) and Fatwa dsn-mui No. 116 on electronic money. Al-Mizan: Journal of Islamic Law and Economics, 5(1), 15-32.

Bank Indonesia. (2014). Bank Indonesia Regulation Number 11 of 2014 concerning Electronic Money. Jakarta: Bank Indonesia.

Bodhi, S., &; Tan, D. (2022). Security of Personal Data in E-Wallet Payment Systems Against Fraud and Phishing Threats (Cybercrime). UNES Law Review, 4(3), 297-308.

Budiarsih, R., &; Sony, H. (2022). MSME Actors' Perception of Alternative MSME Tax Collection Models by Utilizing QRIS Technology. Indonesian Tax Review (Indonesian Tax Review), 6(1), 38-46.

Carera, W. B., Gunawan, D. S., &; Fauzi, P. (2022). Analysis of the difference in MSME sales turnover before and after using Qris in Purwokerto. Journal of Economics, Business, and Accounting, 24(2), 48-57.

Dalimunthe, M. O., &; Nasution, M. I. P. (2022). Optimizing the Use of Sharia Digital Transactions for Economic Recovery. Scientific Lens: Journal of Management and Resources, 1(3), 189-193.

Pomegranate Afriyanti, S. E. (2022). The impact of using Qris on MSMEs in Pekanbaru City in order to encourage the development of the digital economy. Journal of Khazanah Ulum Sharia Banking (Jkups), 6(2), 1-6.

Destianti, D., &; Nurjaman, M. (2021, September). Analysis of social engineering fraud systems with otp codes (cases, social media hacks). In National Seminar on Information Systems and Information Management, Nusa Putra University (Vol. 1, No. 01, pp. 314-318).

Erdisna, E., Gusrion, D., &; Suryana, F. (2023). Socialization of the Utilization of Quick Respondent Code Indonesia Standard (Qris) and Electronic Money (e-money) for E-book Purchases in the RI 4.0 Era. Journal of Community Service Dharma Andalas, 2(1), 74-79.

Fadli, M. R. (2021). Understand the design of qualitative research methods. Humanika, Scientific Studies General Course, 21(1), 33-54.

Firdaus, M. R. (2018). E-Money in the perspective of Islamic economic law. Tahkim Journal, 12(1), 145-156.

Husna, F. F., &; Mustaqim, M. (2020). Utilization of Electronic Banking for Members at KSPPS BMT Bina Ummat Sejahtera Tayu Branch. MALIA: Journal of Islamic Banking and Finance, 4(2), 148-153.

Ichsan, M. (2020). The concept of money in the perspective of Islamic economics. Prophetics: Journal of Islamic Studies, 21(1), 27-38.

Imani, Safarinda. (2022). Fundamentals of Islamic Economics. Padang: PT. Global Technology Executive.

Islam, S. S., &; Nur, I. (2021). E-Money Perspective Maqashid Sharia Fii Al-Muamalah. Al-Mustashfa: Journal of Sharia Economic Law Research, 6(2), 227-236.

Janitra, Muhammad Rayhan. (2017). Sharia Hotels: Concept and Application. Depok: Rajawali Press.

Kamaluddin, I., &; Ahmad, H. F. (2020). E-Money Perspective Maqoshid Shari'ah. Journal of Islamic Investigative, 1(02), 74-86.

Lestari, P., &; Nofriantika, N. (2018). Electronic Money Literacy among College Students. Islamic Review: Journal of Islamic Research and Studies, 7(1), 94-109.

Mahyuni, L. P., &; Setiawan, I. W. A. (2021, November). How does QRIS attract MSMEs? A model to understand the intentions of MSMEs using QRIS. In Economic Forum (Vol. 23, No. 4, pp. 735-747).

Mantik, H. (2021). Development of Quick Response Code Indonesian Standard using Customer Presented Mode (Qris-CPM) method. Case Study of Pt MTI. JSI (Journal of Information systems) Universitas Suryadarma, 8(2), 31-42.

Manurung, E. D., Bakar, L. A., &; Handayani, T. (2020). Legal certainty in the implementation of electronic wallet services in the payment system is associated with the principles of smooth, safe, efficient, and reliable based on PBI Number 20/6/PBI/2018 concerning Electronic Money. Journal of Jurisprudence, 10(1), 33-51.

Muamar, A., Aziz, A., Wasman, W., &; Lusiana, N. (2021). Linkaja Sharia Services in the Islamic Ecosystem in Cirebon City in the perspective of Islamic law. Al-Mustashfa: Journal of Sharia Economic Law Research, 6(1), 57-69.

Muliati, M., Busari, A., &; Noor, A. (2021). The impact of non-cash payments on the Indonesian economy. Innovation, 17(3), 466-475.

Muttaqin, R. (2018). Economic growth in an Islamic perspective. Maro, 1(2), 117-122.

Nainggolan, E. G. M., Silalahi, B. T., &; Sinaga, E. M. (2022). Analysis of Gen Z satisfaction in using Qris in Pematangsiantar City. MANAGEMENT: Journal of Economics, 4(1), 24-32.

Natalina, S. A., Zunaidi, A., &; Rahmah, R. (2021). Quick Response Code Indonesia Standard (Qris) as a strategy to survive Micro, Small and Medium Enterprises (MSMEs) during the pandemic in Kediri City. ISTITHMAR: Journal of Sharia Economic Studies, 5(2).

Nuha, U., Qomar, M. N., &; Maulana, R. A. (2020). Do I Need a Sharia-Based E-Wallet? MALIA: Journal of Islamic Banking and Finance, 4 (1), 59.

Pangestu, M. G. (2022). Behavior Intention of Using QRIS Digital Payment Based on the Unified Theory of Acceptance and Use of Technology (UTAUT) Model (Study on MSMEs in the Food & Beverage Industry Sector in Jambi City). Scientific Journal of Management and Entrepreneurship (JUMANAGE), 1(1).

Pulungan, F. J., Wathan, H., Zuhirsyan, M., &; Marpaung, M. (2022). Implementation of Sharia Maqashid on the use of QRIS in electronic transactions. Bilal Journal: Halal Business Economics, 3(2), 130-139.

Son, A. S. (2020). The concept of smart cities in the implementation of payment systems using QR codes on electronic ticket booking. Tekinfo: Journal of Industrial Engineering and Information Engineering, 21(1), 84-93.

Putri, A. F., &; Wijaya, S. (2022). Another VAT Collector's Study on PMSE Mechanism on Domestic Digital Transactions: A Proposal for Indonesia. INDONESIAN TAX JOURNAL (Indonesian Tax Review), 6(2S), 561-577.

Rahayu, S., &; Nugroho, R. Y. Y. (2020). The impact of non-cash payments on the acceleration of money circulation in Indonesia. BISEI: Journal of Islamic Business and Economics, 5(01), 15-26.

Rahimah, A., &; Yani, P. (2023). The Effectiveness Of Qris Payments In An Islamic Perspective Based On PADG NO. 24/1/PADG/2022. An Nuqud, 2(1), 34-39.

Ramadani, L. (2016). The effect of the use of debit cards and electronic money (E-Money) on student consumption expenditure. Journal of Economics and Development Studies, 8(1), 1-9.

Ramadhan, H., &; Aminah, S. (2016). Legal protection for electronic money users in conducting transactions is reviewed from Bank Indonesia Regulation Number 16/8/PBI/2014 concerning Electronic Money (e-money). Diponegoro Law Journal, 5(2), 1-18.

Restiti, D., &; Amalia, R. (2021). The influence of social media on knowledge of Quick Response Code Indonesian Standard (Qris). Journal of Islamic Banking and Finance, 3(2), 157-173.

Rohmah, F. (2018). Development of Electronic Money in Trade in Indonesia. Journal of Islamic Business and Management, 6(1), 1-19.

Saputri, O. B. (2020). Consumer preference in using Quick Response Code Indonesia Standard (QRIS) as a digital payment tool. Performance, 17(2), 237-247.

Sari, A. N. D., Malik, Z. A., &; Hidayat, Y. R. (2020). The Effect of the Use of Electronic Money (E-Money) on Consumer Behavior. Proceedings of Sharia Economic Law ISSN, 2460, 2159.

SE, M. F. (2019). Analysis of cashless payment transactions through e-wallets: perspectives from the modified model of the Unified Theory of Acceptance and Use of Technology 2. FEB Student Scientific Journal, 7(2).

Setiawan, I. W. A., & Mahyuni, L. P. (2020). QRIS in the eyes of MSMEs: exploration of perceptions and intentions of MSMEs using QRIS. E-Journal of Economics and Business Udayana University, 10(9), 921-946.

Shafitri, D., &; Taufiq, M. (2022). Analysis of the difference in the use of cash and non-cash transactions (e-money) in UPN "Veteran" East Java students. EKOMA: Journal of Economics, Management, Accounting, 1(2), 215-222.

Sihaloho, J. E., Ramadani, A., &; Rahmayanti, S. (2020). Implementation of Quick Response Indonesia Standard Payment System for the Development of MSMEs in Medan. Journal of Business Management, 17(2), 287-297.

Silalahi, P. R., Tambunan, K., &; Coal, T. R. (2022). The impact of using QRIS on consumer satisfaction as a transaction tool. ULIL ALBAB: Multidisciplinary Scientific Journal, 1(2), 122-128.

Siregar, P. P. (2018). Economic Growth and Prosperity in an Islamic Perspective. Net Business Journal, 1(1), 2021-3982.

Soemitra, Andri. (2009). Islamic Banks and Financial Institutions. Jakarta:Kencana.

Sriekaningsih, A., Riyanto, S., &; Prakasa, A. (2022). Level of Public Understanding of the Use of Quick Response Code Indonesian Standard (QRIS) in Tarakan City. GEMILANG: Journal of Management and Accounting, 2(3), 92-101.

Tarantang, J., Kurniawan, R., &; Firdaus, G. M. F. (2020). Electronic money as a means of transaction in an Islamic perspective. An-Ratio: Journal of Sharia Economics, 7(1), 1-21.

Tazkiyyaturrohmah, R. (2018). The existence of electronic money as a means of modern financial transactions. Muslim Heritage, 3(1), 23-44.

Tobing, G. J., Abubakar, L., &; Handayani, T. (2021). Analysis of regulations on the use of QRIS as a payment channel in MSME practices in order to encourage the development of the digital economy. Acta Comitas: Journal of Notary Law, 6(03), 491-509.

Ulfi, I. (2020). Non-Cash Policy Challenges and Opportunities: A Literature Study. Scientific Journal of Business Economics, 25(1), 55-65.

Widayati, Y. T. (2017). Application of qr (Quick Response) Code technology universal implementation. KOMPUTAKI, 3(1).

Wijaya, A. P. (2021, December). The Effect of Electronic Money Use, Money Supply, and Inflation on Indonesia's Economic Growth. In Proceedings of National Seminar &; Call for Paper STIE AAS (Vol. 4, No. 1, pp. 206-212).

Yastiari, N. P., Sumariati, D. A. R., & Wiryanata, I. G. N. A. (2022). Implementation of Cashless Cash Receipts at One Resort Nusa Dua Bali. Journal of Accounting and Hospitality, 1(1), 1-10.

Yuliati, T., &; Handayani, T. (2021). Assistance in the use of the QRIS digital application as a means of payment for MSMEs. Communnity Development Journal, 2(3), 811-816.

Yuniarti, P., Wianti, W., &; Nurgaheni, N. E. (2020). Analysis of Factors Affecting the Economic Growth Rate in Indonesia. Serambi : Journal Of Islamic Management and Business Economics, 2(3), 167-17.

Zainuddin, M. (2017). Economic Growth Islamic Economic Perspectives. Istithmar: Journal of Sharia Economic Studies, 1(2).

Published

2024-05-23

How to Cite

Tiara, R., & Hanifuddin, I. (2024). Optimization of Electronic Payments to Boost Economic Growth on QRIS Services. Journal of Islamic Economics and Social Science (JIESS), 4(2). Retrieved from https://publikasi.mercubuana.ac.id/index.php/jiess/article/view/jiess.2023.v4i2.005

Issue

Section

Articles