Mitigating Fraud Risk in Cash-Based Payment System via E-Payment Implementation: Case of Indonesia
- 10.2991/assehr.k.210531.085How to use a DOI?
- E-Payment, Cash-Based Payment, Fraud, Risk, Fintech
E-payment systems, also known as cashless payment systems, have gradually started to replace traditional payment systems. An e-wallet is an innovative cashless payment system that could make transactions more effective and efficient and could mitigate possible fraud risk in cash-based payment systems. This study intends to highlight the potential of e-wallets in mitigating fraud risks in payment systems. This study employs an iterative review of the literature and publications that are relevant to e-wallet and fraud mitigation in payment systems. Based on the analysis, the conclusion reached is that the e-wallet system could reduce the possible risk of fraud occurrence in cash-based payment systems.
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Machmudin Eka Prasetya AU - Intan Salwani Mohamed AU - Shuhaida Mohamed Shuhidan AU - Gede Harja Wasistha PY - 2021 DA - 2021/05/31 TI - Mitigating Fraud Risk in Cash-Based Payment System via E-Payment Implementation: Case of Indonesia BT - Proceedings of the Asia-Pacific Research in Social Sciences and Humanities Universitas Indonesia Conference (APRISH 2019) PB - Atlantis Press SP - 679 EP - 684 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.210531.085 DO - 10.2991/assehr.k.210531.085 ID - Prasetya2021 ER -