Mitigating Fraud Risk in Cash-Based Payment System via E-Payment Implementation: Case of Indonesia

DOI

10.2991/assehr.k.210531.085How to use a DOI?

Keywords

E-Payment, Cash-Based Payment, Fraud, Risk, Fintech

Abstract

E-payment systems, also known as cashless payment systems, have gradually started to replace traditional payment systems. An e-wallet is an innovative cashless payment system that could make transactions more effective and efficient and could mitigate possible fraud risk in cash-based payment systems. This study intends to highlight the potential of e-wallets in mitigating fraud risks in payment systems. This study employs an iterative review of the literature and publications that are relevant to e-wallet and fraud mitigation in payment systems. Based on the analysis, the conclusion reached is that the e-wallet system could reduce the possible risk of fraud occurrence in cash-based payment systems.

Copyright

© 2021, 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  - Machmudin Eka Prasetya
AU  - Intan Salwani Mohamed
AU  - Shuhaida Mohamed Shuhidan
AU  - Gede Harja Wasistha
PY  - 2021
DA  - 2021/05/31
TI  - Mitigating Fraud Risk in Cash-Based Payment System via E-Payment Implementation: Case of Indonesia
BT  - Proceedings of the Asia-Pacific Research in Social Sciences and Humanities Universitas Indonesia Conference (APRISH 2019)
PB  - Atlantis Press
SP  - 679
EP  - 684
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210531.085
DO  - 10.2991/assehr.k.210531.085
ID  - Prasetya2021
ER  -