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A. UNDERSTANDING
NON-CASH PAYMENT
INSTRUMENTS
NON-CASH PAYMENT INSTRUMENTS ARE TOOLS USED
IN THE PAYMENT PROCESS WITHOUT USING
PHYSICAL MONEY SUCH AS COINS AND PAPER, BUT
RATHER NON-CASH MONEY SUCH AS CHECKS,
DEMAND
DEPOSITS, CREDIT CARDS AND ELECTRONIC MONEY.
ACCORDING TO THE FINANCIAL SERVICES AUTHORITY
(OJK), NON-CASH PAYMENT INSTRUMENTS
OR OFTEN CALLED CASHLESS CAN BE A SOLUTION
FOR PAYMENT SYSTEMS WITH SMALL VALUE
TRANSACTIONS
WHICH REFER TO TRANSACTIONS IN THE FORM OF
DIGITAL PAYMENTS.
IN GENERAL, TYPES OF NON-CASH PAYMENT
INSTRUMENTS CAN BE DIVIDED INTO THREE, NAMELY
PAPER, CARD AND ELECTRONIC. THE FOLLOWING IS A
COMPLETE EXPLANATION OF EXAMPLES OF NON-
CASH
PAYMENT INSTRUMENTS.