Card Based Payment in Digital Civilization: A Study in Indonesia Hospitality Industry

DOI

10.2991/assehr.k.200813.048How to use a DOI?

Keywords

card based payment, bank, hotel guest, digital civilization

Abstract

Nowdays, our modern society is dominated by information and digital media that change our civilization come to term digital civilization. Digital Civilization that represented by society culture or lifestyle, has change one way of life, including the way to pay in purchase something digitally. Within this digital civilization, non-cash payment is one of popular method used within a transaction in digital civilization. The purpose of this research is to examine the correlation of the growing of non-cash payments that involve card-based payment instruments, which is issued by banks, the development of the tourism and or hospitality industry, as the focus of the current development, and the Indonesian economy. This study uses data from the period of 2003-2015, i.e.: number of ATM card and debit card, the number of hotel guests, and GDP, which is processed using the 3 SLS analysis technique, which is different from previous research technique analysis, in addition to differences in the variables used. The findings of this study indicate a significant positive relationship between cards based payment and the number of star hotel guests on economic growth. Furthermore, specifically the findings of this study indicate that the method of payment using ATM and debit cards positively and significantly influence the number of star hotel guests, but has no effect on the number of non-star hotel guests. This finding can be considered for banking and hospitality industry 4.0 strategic initiatives for competitiveness and sustainability in order to support economic development.

Copyright

© 2020, 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/).

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TY  - CONF
AU  - Sari Lestari Zainal Ridho
AU  - Abdur Razzaq
PY  - 2020
DA  - 2020/08/13
TI  - Card Based Payment in Digital Civilization: A Study in Indonesia Hospitality Industry
BT  - Proceedings of the First International Conference on Applied Science and Technology (iCAST 2018)
PB  - Atlantis Press
SP  - 218
EP  - 222
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200813.048
DO  - 10.2991/assehr.k.200813.048
ID  - Ridho2020
ER  -