From Cash to Digital: Electronic Money Adoption and MSMEs Income in Kerinci Regency
DOI:
https://doi.org/10.32939/3mxf4c24Keywords:
Electronic Money Adoption, Digital Payments, MSME Income, Financial Technology, Digital TransformationAbstract
Purpose: This study examines the adoption of electronic money among micro, small, and medium-sized enterprises (MSMEs) in Kerinci Regency, Indonesia, and investigates its effect on MSME income.
Design/Methodology/Approach: This study employed a quantitative approach using a structured questionnaire with a Likert scale. The study population comprised MSMEs in Kerinci Regency, with respondents selected using a sampling technique based on the Slovin formula. Data were analyzed using simple linear regression with IBM SPSS 24.
Findings: The findings indicate that electronic money adoption has a positive and statistically significant effect on MSME income. The results suggest that greater use of electronic money is associated with higher income among MSMEs. This finding indicates that digital payment adoption can support MSME financial performance by facilitating transactions and improving the efficiency and convenience of business activities.
Research Implications: The findings provide empirical evidence on the role of electronic money in supporting MSME income in a regional context. The study highlights the importance of strengthening digital payment adoption among MSMEs through digital literacy, financial technology education, and business assistance. These efforts may support MSMEs in adapting to the growing digital economy and improving their financial performance.
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