The impact of economic growth on technological developments, emoneys and fluctuations interest rates and exchange rates in Indonesia

Technological developments have an impact on the payment system, namely Electronic Money moved very fast in 2018 and 2019, in 2018 it was 50.3% of the money in circulation and economic growth increased by 5.4% even though the interest rate in that year was at 6%. This means that some Indonesians have started to make changes to the payment system. Changes in digitalization in the financial sector, especially with new fundamental changes in the behavior of people's lives from the social and economic fields. The concept of Financial Technology is very good in the formation of digital financial infrastructure based on sustainable technological innovations that are considered effective in financial markets, including for small and medium-sized companies, this article focuses on three factors that affect economic growth, namely capital, labor, and technological developments. This study uses secondary time series data for the 2004-2019 quarter using Multiple Regression (OLS/One Least Square) and processed using the eviews 10 application. This study aims to determine the impact of technology on economic growth. And the results show that Emoney has a negative and significant effect on economic growth, interest rates and exchange rates have a negative effect on economic growth, and technology has a positive effect on economic growth.