Impact of electronic money on the process of economic activities

Authors

  • Adrián Valencia Universidad Estatal Península de Santa Elena (UPSE) Carrera de Ingeniería en Marketing
  • Libi Caamaño Universidad Estatal Península de Santa Elena, Ecuador

DOI:

https://doi.org/10.26423/rctu.v3i1.75

Keywords:

Electronicmoney, incidence, economy, process

Abstract

The new electronic money system is an innovative trend of the monetary management, that favors banking policies that are intended to provide the means a payment way; necessary for the economic system for efficient operations, so it is more important to analyze the impact of this, comparing the processes of economic activities in different business areas, from two study techniques used, surveys the population of La Libertad province of Santa Elena, and in-depth interviews conducted to two important entities of the economy the economist Mateo Villalba, manager of the Central Bank of Ecuador and the economist César Robalino Gonzaga, director of the Association of Private Banks of Ecuador. Based on the study, we obtained as results that the effect in monetary system of economic activities, will affect the following processes; with a 33% in the daily lives of people, because of the change, along with 20% in two mentioned processes: impacting positively the commercial transactions and affect negatively the family finances.

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Published

2015-12-28

Issue

Section

Original Articles

How to Cite

Impact of electronic money on the process of economic activities. (2015). UPSE Scientific and Technological Magazine, 3(1), 85-91. https://doi.org/10.26423/rctu.v3i1.75