A Study on Users' Perception Towards Cash Card Usage in UPM

One of the most important significance in the emergence of e-commerce is the development of electronic payment system. This system replaces physical banknote and coins and substitutes them with electronic cash or digital cash. Smart cards used in electronic cash transactions are referred to stored-value cards or electronic purse i.e. the card will be considered as the repository for money. Units of value are stored on the card as the electronic equivalent of cash and later used for purchases. It can also be used to store value as credits for goods and services - for example, ticketing or canteen facilities. The introduction of new electronic payment scheme for substituting cash especially in Malaysia may be considered in its early age. The Malaysian Electronic Payment System (MEPS) has introduced MEPS Cash smart card as a new method of payment in the middle of year 1999. The method is expected to handle the rapid changes of technological advancement in creating the cashless society. However, consumer acceptances towards the new method of payment has not so far being tested. The consumer preference of using cash for personal consumption expenditures is still widening. On the other hand, money suffers from a few drawbacks that make it no longer practical as it took a lot of space, it cannot be transferred by any means of telecommunication network and finally, high transaction cost for handling money. This research was conducted in order to find a business model for a new method of payment i.e. by using smart card and to solve some of the existing problems that arise when using money in conventional way. The second objective of this research was to develop a smart card application prototype for the mentioned business model. This research focused on measuring user acceptance for the developed prototype and user perception towards the smart card as stored value card. The smart card business model, was then translated into a system, which showed the flow of the processes in smart card transaction. The processes clearly showed what happened between the three parties involved in the system: smart card user, merchant and bank. Selected students from the Faculty of Computer Science and Information Technology, UPM then evaluated the system by completing a questionnaire. The questionnaire intended to obtain the general background of the respondents, their attitudes towards smart card usage, acceptance towards cash card illustrated transaction processes. It was also aimed to obtain respondents' opinion if the smart card as stored value card were introduced in the near future. The result showed that the respondents are actually agreed and satisfied with the system in terms of its clarity and user interface. The findings also ascertained that it could increase the respondents' perception regarding reliability and level of convenience towards the usage of smart card. The fact that more than ninety percent of the respondents were willing to use the smart card for shopping indicated that consumer have no problem in accepting such system in the future

LESS CASH SOCIETY: MENAKAR MODE KONSUMERISME BARU KELAS MENENGAH INDONESIA

AbstrakArtikel ini bertujuan menganalisis mengenai less cash society sebagai model baru dalam menganalisis konsumsi kelas menengah Indonesia.  model tersebut menggunakan teknologi kartu uang elektronik (e-money) dalam merubah pola konsumsi kelas menengah Indonesia. Semula berwujud tunai kini menjadi non tunai dalam melakukan transaksi pembayaran di pusat perbelanjaan. Tujuannya adalah mengefisiensikan transaksi konsumsi maupun belanja bagi kelas menengah Indonesia. Pola konsumsi kelas menengah Indonesia sendiri mengalami transisi dari pemenuhan kebutuhan hidup mejadi kebutuhan simbolis. Adanya pengejaran terhadap identitas dan gaya hidup itulah yang menjadikan konsumsi kelas menengah Indonesia kini lebih bersifat sekunder. Penggunaan uang elektronik sendiri secara tidak langsung mempengaruhi pola transisi konsumsi itu.Kata kunci: konsumsi kelas menengah, uang elektronik, konsumsi simbolis, gaya hidupAbstractThis article aims to analyze the less cash society as a new model in analyzing the consumption of the middle class in Indonesia. The model has been usef electronic money card technology (e-money) in altering consumption patterns Indonesian middle class to be more digitally.. Indonesian middle class consumption patterns themselves underwent a transition from subsistence becoming symbolic needs indeed. In pursuing of identity and lifestyle have impacted into the consumption of Indonesia's middle class is now more secondary. Therefore, using of electronic money itself indirectly affect the consumption patterns of transitionKeywords: middle class consumption, electronic money, symbolic consumption, life style

An Empirical Study on the Use Intention of Electronic Cash Collection System in Nigerian Federal Hospitals

It is a well-known fact that the use of electronic systems around the globe has facilitated and enhanced the efficiency in organizations. In light of this, federal hospitals in Nigeria have started using electronic collection system for cash collection purposes. Electronic cash collection system (e-collection) is a computerized system designed to handle cash collections with a view to block revenue leakages that are widespread within the Nigerian public sector organizations. However, the continuous use of the system is being faced with great resistance by those employees that were purposely meant to use it. In view of that, the aim of this paper is to investigate factors that could influence employee’s intention to use e-collection system in the performance of their duties. Technology Acceptance Model (TAM) was adapted with an extension of computer self-efficacy variable with a view to providing additional explanation to the model. Partial Least Square (PLS) was used to analyse 116 responses from e-collection users in investigating the relationship between three independent variables (perceived usefulness, perceived ease of use, computer self-efficacy) and the dependent variable (intention). The results of the analysis revealed that positive and significant relationships exist between the independent variables and the dependent variable except between perceived usefulness and intention. Recommendations were made to the hospital authorities to educate and enlighten the concern employees on the usefulness and benefits of the new system

Consumerism In Mobile Payment

The purpose of this study was to determine the effect of the convenience of non-cash transactions offered by mobile payment applications on the wasteful behavior of the people of Makassar city. Along with the increasing use of electronic money, this has changed the style of transactions in society. The new media referred to in this study is a mobile payment application. Judging from the development of the transaction model, people tend to choose the practical and easy one. The result of media technology has also contributed to changing the behavior patterns of new media consumption. The payment model has been transformed from cash to non-cash or digital, which the public can easily do. The ease of this transaction led to a change in consumption patterns to meet excessive needs, which led to a wasteful nature. By using a descriptive quantitative approach, researchers distributed questionnaires to 100 research samples. The results of processing the questionnaire data into primary and secondary data in this study are relevant literature studies. The results showed an influence between the ease of transactions using mobile payments and the wasteful behavior of the people of Makassar city

Analysis of Interest in Using Go-Pay Services for Students in Pontianak City Using the Technology Acceptance Model

The development of technology and communication today has affected human life on all sides, one of which is financial transactions. The innovation of financial transactions has given birth to a new way of transacting with electronic payments without using cash that is more practical. The purpose of this research is to find out what factors influence the interest in using Go-Pay services for students in Pontianak City. The sample in this study were 300 students in the city of Pontianak. The data analysis method used is Structural Equation Modeling (SEM) with WarpPLS Approach. Before interpreting the results of hypothesis testing, the model should have a Goodness of Fit

Implementation of the Non-Cash Food Aid Program in Social Protection in Gerih District and Geneng District, Ngawi District

In order to improve the effectiveness and accuracy of the target of channeling social assistance and to encourage financial inclusion, the President of the Republic of Indonesia provided direction so that social assistance and subsidies were distributed in non-cash, using the banking system. Non-Cash Food Aid (BPNT) is implemented to replace the rice assistance program for Prosperous Families (Rastra) which is realized in the form of non-cash and given to Beneficiary Families (KPM) which are provided monthly through an electronic account mechanism used to buy food at traders / e-warong that works with the bank. The specific objective was the Research on the Implementation Model of the Non-Cash Food Assistance Program (BPNT) in Social Protection in Gerih District and Geneng District, Ngawi District. expected to be an alternative poverty reduction method / strategy. The objectives in detail in this study are: 1) Describe the Implementation of the Non-Cash Food Assistance Program (BPNT) in Social Protection in Ngawi Regency, East Java.2) Knowing the Implementation of the Non-Cash Food Aid Program (BPNT) in Social Protection in Ngawi Regency, East Java . The study was conducted in 18 (eighteen) villages in the Ngawi Regency region using the Participatory Action Research (PAR) method, which is a study that actively involves all relevant parties and Beneficiary Families through in-depth interviews, sample selection is done through a multilevel random approach. In addition, it is evident that the social assistance provided by the government through Non-Cash Food Assistance in Ngawi District greatly provides new business opportunities for micro and medium entrepreneurs so as to encourage the growth of KUBE E-warong managed by recipients of Non-Cash Food Aid which ultimately increases independence disadvantaged people in the countryside Based on the findings of the researchers that the beneficiary communities in Ngawi Regency stated that the location of the e-warong was quite affordable with most of the recipient families of beneficiary families making it easier in the exchange of electronic coupons with food provided by the village e-shop. Most of the Beneficiary Families stated that the food in the form of rice and eggs received was of good quality and the supply was guaranteed according to a predetermined schedule. Because Non-Cash Food Assistance includes being successful in improving accuracy in terms of the amount and timing of aid distribution, reduction of queues, faster disbursement process, and significant reduction of technical problems faced in the field.Keywords: Food, social protection, Poverty ReductionDOI: 10.7176/PPAR/9-6-04Publication date:June 30th 201

ANALYSIS OF THE DEMAND FOR MONEY AND THE VELOCITY OF MONEY IN THE DIGITAL ECONOMY ERA: A CASE STUDY IN INDONESIA

In the digital economy era, efficiency and effectiveness are required in carrying out all life activities, including transaction activities. The urge to payment innovates systems as an effort to meet the needs of the community has led to several new non-cash-based payment instruments, such as paperless-based payment transactions. The existence of non-cash transactions shifts the role of cash in society. This study aims to examine the effect of paperless-based non-cash payments represented by credit cards, debit cards, and electronic money on the demand and velocity of money in Indonesia. Using monthly data sourced from Bank Indonesia and the Central Statistics Agency for the period 2010M1-2019M11. The right analysis used to see the effect of payment system innovation on-demand and velocity of money circulation is the Error Correction Model. The findings in the literature state that there is a significant effect of paperless-based payments as a form of payment system innovation on the demand and velocity of money circulation in Indonesia. The strong influence between the demand for money and the velocity of money with paperless-based non-cash transactions in Indonesia in the long term indicates that policymakers need to be careful in making decisions. The long-term relationship explains that the central bank can influence people's transaction behavior. Given that currency in circulation forms a significant part of a central bank's balance sheet, the shrinking demand for currency will have important implications on the central bank's seigniorage income, its independence, and its ability to conduct monetary policy. Thus, it is important to check and understand the trend of money demand and the velocity of money so that it can provide long-term profits

Pendekatan konstruktif dalam inovasi pengajaran dan pembelajaran Bahasa Melayu di Kolej Vokasional

Pendekatan konstruktif adalah pendekatan pengajaran dan pembelajaran yang berpusatkan pelajar manakala inovasi pengajaran pula dikaitkan dengan kaedah pengajaran yang terbaru demi mengukuhkan pemahaman pelajar. Pembelajaran berasaskan pendekatan konstruktif merupakan elemen yang penting dan perlu difahami oleh guru-guru bagi memantapkan proses pengajaran dan pembelajaran sesuai dengan peredaran masa dan menjayakan proses tranformasi pendidikan negara. Objektif kajian ini dijalankan untuk mengenal pasti pemahaman guru-guru bahasa Melayu berkaitan inovasi, mengenal pasti perbezaan yang wujud antara guru lelaki dan guru perempuan dalam mengamalkan inovasi, pengkaji juga melihat adakah wujud perbezaan antara guru baru dan guru yang sudah berpengalaman dalam aspek mengaplikasikan inovasi serta mengenal pasti kekangan-kekangan yang dialami oleh para guru untuk mengaplikasikan inovasi di sekolah. Seramai 63 orang guru bahasa Melayu dari lapan buah kolej vokasional telah dipilih sebagai responden dalam kajian ini. Data dianalisis menggunakan perisian Winsteps 3.69.1.11 dengan pendekatan Model Pengukuran Rasch. Hasil analisis menunjukkan bahawa guru�guru bahasa Melayu memahami kepentingan inovasi dalam pengajaran dan pembelajaran. Hasil kajian juga menunjukkan guru-guru perempuan lebih banyak menerapkan unsur inovasi dalam pengajaran berbanding guru lelaki. Walaupun begitu, aspek pengalaman tidak menunjukkan perbezaan dari segi pengamalan inovasi sama ada guru baru ataupun guru yang sudah berpengalaman. Pengkaji juga mengenal pasti beberapa kekangan yang dialami oleh guru-guru untuk mengamalkan inovasi ini. Sebagai langkah untuk menangani masalah berkenaan, beberapa cadangan telah dikemukakan oleh pengkaji bagi memastikan guru-guru dapat merealisasikan proses pengajaran berkesan dengan penerapan inovasi mengikut model pendekatan konstruktif. Pengkaji berharap, kajian ini dapat dijadikan sebagai satu panduan kepada pelaksana kurikulum bagi memastikan budaya inovasi sentiasa menjadi amalan dalam kalangan guru demi mengangkat profesionalisme guru di Malaysia