THE INFLUENCE OF FINTECH DIGITAL PAYMENT AND P2P LENDING ON INDONESIA’S ECONOMIC GROWTH

Authors

  • Yasir Maulana Universitas Kuningan, Indonesia
  • Munir Nur Komarudin Universitas Kuningan, Indonesia
  • Wely Hadi Gunawan Universitas Kuningan, Indonesia
  • Ayus Ahmad Yusuf IAIN Syekh Nurjati, Indonesia

DOI:

https://doi.org/10.29040/ijebar.v6i3.6633

Abstract

Studies suggest that financial innovations, or "Fintech," boost GDP. Due to social distance and business operations, fintech digital payment and lending have the edge over conventional financial institutions. Fintech lenders don't require face-to-face meetings. This study examines the influence of Fintech digital payment and peer-to-peer lending on Indonesia's economy. Use OJK statistics on peer-to-peer lending and fintech, Statista data on digital payments, and Bank of Indonesia data on economic growth as secondary sources. Digital Payment and P2P financing have a favorable but small influence on Indonesia's economic development, according to multiple regression. Digital Payments and P2P Lending Explain 88% of Economic Growth.

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Published

2022-09-30

How to Cite

Maulana, Y., Komarudin, M. N., Gunawan, W. H., & Yusuf, A. A. (2022). THE INFLUENCE OF FINTECH DIGITAL PAYMENT AND P2P LENDING ON INDONESIA’S ECONOMIC GROWTH. International Journal of Economics, Business and Accounting Research (IJEBAR), 6(3), 2185–2195. https://doi.org/10.29040/ijebar.v6i3.6633

Issue

Vol. 6 No. 3 (2022): IJEBAR, Vol. 6 Issue 3, September 2022

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