The acceptance of E-payment among Indonesian millennials

摘要

Financial technology has become the newest technology advancement being adopted by young people in Indonesia, as it provides simplicity and speed of use. The objective of this study is to explain how e-Payment system is being adopted by the millennial generation in Indonesia. This study applies the Technology Acceptance Model approach and a quantitative method, by analyzing 424 Paytren e-Payment users, born between 1977 and 1998 using Smart PLS 2.0. The results show all independent variables have the significant relationship to dependent variables. Among them, perceived ease of use has the strongest relationship with perceived of the usefulness of e-Payment adoption. Meanwhile, the attitude towards using score shows the best predictive power in this model. The gender was proposed as a moderator variable. However, the findings did not support this role. Compared to e-Payment adoption in Jordan and Greece, this study may provide a new perspective on how e-Payment being adopted by the millennial generation in Indonesia.