TY - JOUR ID - 87387 TI - The Effects of Electronic Payment Systems on the Performance of the Financial Sector in Selected Islamic Countries JO - International Journal of New Political Economy JA - JEP LA - en SN - 2717-1485 AU - Torki, Leila AU - Rezaei, Ahmadali AU - Razmi, Seyedeh Fatemeh AD - Assistant Professor, Department of Economics, University of Isfahan, Iran AD - M.A in Economics, University of Isfahan, Iran AD - PhD, Economics, University Putra Malaysia, Malaysia Y1 - 2020 PY - 2020 VL - 1 IS - 1 SP - 113 EP - 121 KW - Key Words: Electronic Payment Systems KW - Financial Sector KW - Selected Islamic Countries DO - 10.29252/jep.1.1.113 N2 - This study investigates the effect of electronic payment system on the performance of the financial sector in selected Islamic countries including Iran, Indonesia, Jordan, Kuwait, Malaysia, Egypt, Morocco, Oman, Saudi Arabia, Senegal, Turkey, and the United Arab Emirates. Reaching this purpose, the study uses annual panel data from 2011 until 2017. The results show that all electronic payment indicators including Mobile Bank, Internet Bank, Bank Card, POS machine and ATM positively and significantly affect the financial sector performance. It is also found that economic growth and population have a significant positive effect on financial sector performance. Inflation aKey Words: Electronic Payment Systems, Financial Sectornd interest rate negatively and sigThis study investigates the effect of electronic payment system on the performance of the financial sector in selected Islamic countries including Iran, Indonesia, Jordan, Kuwait, Malaysia, Egypt, Morocco, Oman, Saudi Arabia, Senegal, Turkey, and the United Arab Emirates. Reaching this purpose, the study uses annual panel data from 2011 until 2017. The results show that all electronic payment indicators including Mobile Bank, Internet Bank, Bank Card, POS machine and ATM positively and significantly affect the financial sector performance. It is also found that economic growth and population have a significant positive effect on financial sector performance. Inflation aKey Words: Electronic Payment Systems, Financial Sectornd interest rate negatively and significantly affect the financial sector performance.nificantly affect the financial sector performance. UR - https://jep.sbu.ac.ir/article_87387.html L1 - https://jep.sbu.ac.ir/article_87387_3dadd6fa1f5412a602092785721a56c1.pdf ER -