Analysis of the Use of Non-Cash (Cashless) as a Payment Tool among Generation Z in Indonesia

Jessica Sessi Amanda  Sitompul; Khaira Amalia  Fachrudin; Nursakti  Sihotang; Ridwan  Firmansyah; Yudika  Navaloam

doi:10.54783/endlessjournal.v5i3.98

Authors

Jessica Sessi Amanda Sitompul Universitas Sumatera Utara, Indonesia
Khaira Amalia Fachrudin Universitas Sumatera Utara, Indonesia
Nursakti Sihotang Universitas Sumatera Utara, Indonesia
Ridwan Firmansyah Universitas Sumatera Utara, Indonesia
Yudika Navaloam Universitas Sumatera Utara, Indonesia

DOI:

https://doi.org/10.54783/endlessjournal.v5i3.98

Keywords:

Cashless Transactions, Generation Z, Non-Cash.

Abstract

Technological developments, especially in the use of cashless transaction systems, have increased. Cashless society is also overly concerned about efficiency and effectiveness as well as security. Indications of the high use of cashless have an impact that makes Generation Z begin to switch to financial management as a means of payment for development. This study examines the factors that influence the Purpose and Reasons for Using Cashless as a means of payment. Data were obtained as many as 200 from respondents who were able to fill out questionnaires, the respondents were all generation Z. This study used a quantitative approach. Data analysis was done by testing the classical assumption to see the normality of the data. The results of this study indicate that the benefits, convenience, risk, trust, product knowledge and compulsion have a significant influence on the Purpose and Reasons for Using Cashless (non-cash) as a means of payment.

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