The increase in the use of non-cash will reduce the use of cash (cards) to increase the efficiency of transaction settlement, this will have an impact on the velocity of money. In addition, the decrease in cash circulating in the community due to the transition to non-cash money is not entirely used for transaction activities, most of the non-cash money will also settle and the deposited funds will be invested by the issuer in Government Securities and Bank Indonesia. The purpose of this study was to determine the effect of the value of credit card transactions on the velocity of money in Indonesia, to determine the effect of the value of ATM/debit card transactions on the velocity of money in Indonesia, to understand the impact of floating funds on the velocity of money in Indonesia and to determine the effect of policy interest rates (BI Rate). and BI7DRR) on the velocity of money in Indonesia. The type of approach used in this study is a quantitative descriptive approach. The analytical tool used is an error correction model (ECM) which is commonly used in econometrics. Credit card transaction value (NTKK) Significant positive impact on short-term and long-term currency turnover in Indonesia. In Indonesia's short and long term, the amount of floating funds (JDF) has a significant negative effect on Indonesia's short-term currency turnover, and the policy interest rate/BI Rate and BI7DRR (SBK) do not have a significant impact on short-term and long-term currency turnover in Indonesia

Technology that is developing rapidly, one of which has provided changes to the payment system from cash to payment system non-cash. Changes in the form of payment instruments resulted in a decrease in the use of cash in the community which then had an impact on the velocity of money or the speed of money due to more liquid transactions and more efficient transactions. This study aims to determine the effect of credit cards, electronic money floating funds and interest rates on the velocity of money in Indonesia. This study uses data sourced from the official website of Bank of Indonesia and the Central Statistics Agency (BPS) of Indonesia. The research data used is in the form of monthly time series data from January 2017 to December 2021, the analytical tool used is the Error Correction Model (ECM). The results show that non-cash transactions in the form of credit cards and interest rate policies have a positive effect on money circulation in the long term, while electronic money floating funds have a negative effect on money circulation in Indonesia in the short and long term.