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A Systematic Literature Review on Multi-Criteria Decision Analysis and Machine Learning for Decision-Making in Digital Payment Investment Rahmat Rambe; Lukman Abdurrahman; Hanif Fakhrurroja
Indonesian Journal of Information Systems Vol. 9 No. 1 (2026): August 2026
Publisher : Program Studi Sistem Informasi Universitas Atma Jaya Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24002/ijis.v9i1.13797

Abstract

The growth of financial technology has strengthened the role of digital payments indriving the digital economy and influencing investment decision-making. This developmentcreates both opportunities and challenges for investors in evaluating digital payment investments.Multi-Criteria Decision Analysis (MCDA) supports structured evaluation across multiple criteria,while Machine Learning (ML) enhances predictive capabilities using historical and market data.However, studies integrating MCDA and ML remain limited and unsystematic. This studyconducts a systematic literature review (SLR) based on the PRISMA framework, analyzingpublications from 2019 to 2024 related to the application of MCDA and ML in digital paymentinvestment and decision-making. The results indicate an increasing research trend, with commonlyapplied MCDA methods such as AHP, TOPSIS, and PROMETHEE, and ML algorithms includingSupport Vector Machine and Gradient Boosting. This review identifies research gaps and providesdirections for future studies and practical investment strategies in the digital payment sector. Keywords: Digital Payment; Investment; MCDA; Machine Learning; Systematic Literature Review.
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