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Cakrawala Repositori Imwi
ISSN : 26208490     EISSN : 26208814     DOI : https://doi.org/10.52851/cakrawala.
Core Subject : Economy,
Jurnal Cakrawala Repositori IMWI focuses on publishing original research articles, reviewing articles from contributors, and current issues relating to Economics, Business and Management. The main purpose of the journal is to provide a platform for scholars, academics, and researchers to share contemporary thinking in the field. The work should not be published or submitted for publication elsewhere. The official language of the manuscript that will be published in Jurnal Cakrawala Repositori IMWI is Indonesian. For information and registration, contact cakrawala@imwi.ac.id. Jurnal Cakrawala Repositori IMWI is a peer-reviewed journal which is published six times a year. This journal is an open-access that publishes research outcomes with significant contributions to the understanding and improvement of management science. The review process in this journal employs a double-blind peer-review, which means that both the reviewer and author identities are concealed from the reviewers, and vice versa.
Articles 1 Documents
Search results for , issue "165-174" : 1 Documents clear
The Impact of Digital Payment Systems on Federal Inland Revenue Service Revenue Generation in Nigeria Manir umar; Aurelia Widya Astuti
Cakrawala Repositori IMWI 165-174
Publisher : Institut Manajemen Wiyata Indonesia & Asosiasi Peneliti Manajemen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52851/cakrawala.v8i4.819

Abstract

The objective of this study is to analyze the impact of digital payment systems on the revenue generation of the Federal Inland Revenue Service (FIRS) in Nigeria. This research employs a quarterly dataset covering the period from the first quarter of 2009 to the last quarter of 2024. Utilizing the Autoregressive Distributed Lag (ARDL) technique for data analysis, the findings indicate that Remita Transfer (RMTA) and National Electronic Funds Transfer (NEFT) did not significantly affect FIRS revenue during the analyzed period. This suggests that these platforms may not be used effectively for tax-related transactions or lack sufficient transaction volume to impact overall revenue. Conversely, the results show that Web Pay has a significant positive impact on revenue generation, indicating that transactions processed through this platform are likely linked to taxable activities, thereby enhancing revenue collection. The success of Web Pay can be attributed to its user-friendly interface and reliability, which encourage increased taxpayer engagement in digital transactions. However, the study also found that Mobile Pay has a significant negative impact on FIRS revenue generation, potentially due to its lower adoption rate for tax-related transactions or challenges in tracking and reporting. Based on these findings, it is recommended that FIRS prioritizes Web Pay, promotes its adoption through targeted campaigns, and investigates the limitations of Remita and National Electronic Funds Transfer. Furthermore, a comprehensive assessment of Mobile Pay is required to identify and address its barriers, aiming to transform it into a more effective revenue-generating tool for FIRS.

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