The Role of Digital Financial Literacy in Moderating the Relationship Between Risk Perception and E-Wallet Usage Among Cross-Generational MSME Actors in Morowali Regency Ayu Amalia Husen1, Erwan Sastrawan2, Miftahul Jannah Alwi3
1 Management Study Progam PSDKU Morowali, Faculty of economics and Business, Tadulako Univercity
2 Corresponding authors. Email: ayuliahusen[at]gmail.com
Abstract
This study was conducted to determine whether digital financial literacy can moderate risk perception towards the use of E-Wallet, particularly among cross-generational MSME actors in Morowali Regency, Central Sulawesi. This research uses a quantitative method with a survey conducted on MSME actors in Morowali Regency, Central Sulawesi. The respondents in this study are MSME actors based on three generations, namely MSME actors born from 1946-1964 (Baby Boomers), MSME actors born from 1981-1996 (Millennials), and MSME actors born from 1997-2012 (Generation Z), using purposive sampling method with the sampling technique according to Roscoe, amounting to 100 samples of MSME actors in Morowali Regency. Data analysis was conducted using Structural Equation Modeling with the statistical tool SmartPLS. The results of the study show that risk perception has a negative influence on the use of e-wallets by MSME business actors in Morowali Regency, Central Sulawesi, while digital financial literacy on the use of e-wallets has a positive influence, but digital financial literacy is not able to strengthen or weaken risk perception of e-wallet use, so digital financial literacy cannot moderate the two relationships.
Keywords: Digital Financial Literacy, Risk Perception, E-Wallet
