MABIS: Manajemen dan Bisnis
Vol 22, No 2 (2023): September 2023

Adoption of Cashless Economy: A Review

Zargar, Nasir Ahmad (Unknown)
Handoyo, Rossanto Dwi (Unknown)
Heiqbaldi, Unggul (Unknown)
Ibrahim, Kabiru Hannafi (Unknown)
Ali, Umar (Unknown)
Ula, Erika Nafatul (Unknown)



Article Info

Publish Date
15 Sep 2023

Abstract

The adoption of cashless economies has become a popular trend globally. Cashless transactions provide convenience, security, and faster processing times compared to traditional cash payments. This review intends to provide an overview of the adopted literature on cashless economies, including their drivers and barriers. The review highlights the role of technology, government policies, and social factors in shaping the adoption of cashless economies. Additionally, the review discusses the implications of the adoption of cashless economies for businesses and consumers, including potential risks such as cybersecurity threats and the exclusion of individuals without access to digital payment systems. The review concludes with recommendations for stakeholders in promoting the adoption of cashless economies while addressing the challenges associated with this transition. Overall, this review provides valuable insights into the current state of the adoption of cashless economies and the factors that influence it.

Copyrights © 2023






Journal Info

Abbrev

mabis

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Manajemen & Bisnis (MABIS) is an open access journal with ISSN 1412-3789 and e-ISSN 2477-1783. The editorial board invites authors and experts to publish and share their ideas through scientific and empirical research in the field of Management and Business. The major objective of the publication is ...