DIGITAL PAYMENT SERVICE IN BUSINESS
International Journal of Computer Science (IJCS) Published by SK Research Group of Companies (SKRGC)
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Abstract
Technological developments have encouraged the upgrade of operating systems and user interfaces and have enabled the transformation of payment services. Several Indonesian digital payment systems exist, namely, Go-Pay, Tcash, Paypro, Ovo, Mandiri e-cash, XL Tunai and Sakuku. Digital payment is becoming increasingly popular in Indonesia, among which Go- Pay is currently the market leader. Opportunities are derived from the attributes of industries with in which business owners are contemplating action. Financial inclusion is a vital entry point for inclusive growth, and Go-Pay can help micro, small and medium enterprises which were previously from the underserved market to transition into the formal system. This study intends to illustrate how digital payment enables business opportunities by using a descriptive approach method and data collection techniques from existing literature. Results show that Go-Pay enables business opportunities by fulfilling its mission as a digital payment solution and by opening up new economic opportunities. In addition, Go-Pay enables consumers and merchants to tap into a wide market and provides access to various solutions and services.
References
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Keywords
Digital Payment, Opportunity Discovery, Financial Inclusion, Digital Transformation.
