How Household Consumption with Digital Banking Technology Transactions Increase Prosperity?

Abstract

This research aims to determine the influence of household consumption through digital banking technology, namely telephone banking, SMS banking and Internet banking transaction variables on National Income, in this case GDP in Indonesia for the period from 2013 to 2023. The type of data used in this research is quantitative data. The data source in this research is secondary data. The data collection technique was carried out using documentation techniques and data analysis using multiple linear analysis using the F test and t test at a significant level of 5% and the Adjusted R Square coefficient of determination was 90.1%. Changes in the GDP (Y) variable were explained by changes in Phone banking transactions, SMS banking and Internet banking while the remaining 9.9% is explained by other variables not included in this study. Partial research results show that telephone banking and internet banking transactions have a significant effect on GDP, while SMS banking does not. The research results simultaneously show that all independent variables have an effect on GDP.