Digital Payment: A Hybrid Sistematic Literature Review And Bibliometric Analysis
DOI:
https://doi.org/10.70062/globalmanagement.v2i4.479Keywords:
Bibliometric Analysis, Digital Economy, Digital Payment, Financial Technology, Systematic ReviewAbstract
Research on digital payment systems has grown rapidly over the past decades; however, comprehensive and in‑depth studies that synthesize existing empirical findings remain limited. This study aims to conduct a systematic literature review and bibliometric analysis on digital payment research based on empirical publications indexed in Scopus. Using the keyword “Digital Payment” in the article title, abstract, and keywords, a total of 485 documents published between 1989 and 2025 were identified. The evaluation was conducted on November 30, 2025, and the collected data were analyzed using bibliometric techniques with VOSviewer software. The findings reveal a significant surge in digital payment research beginning in 2016, with its peak occurring during 2023–2025, in line with the accelerating digital economic transformation worldwide. Knowledge production has shifted toward emerging economies—particularly India, Indonesia, and Malaysia—supported by dense inter‑institutional and inter‑author collaboration networks. Research themes have expanded beyond technical payment system aspects to interdisciplinary issues involving technology, finance, financial inclusion, human behavior, public policy, and the application of machine learning for security and system optimization. Journal sources, affiliations, authors, and keyword analyses confirm that digital payments have become essential infrastructure for the modern economy and a rich empirical domain for advanced studies on financial stability, consumer protection, regulation, and digital financial innovation.
References
Alfiana, A., Mulatsih, L. S., Widyantini, D., Meutianingrum, F. J., & Afrizal, A. (2025). The impact of fintech peer-to-peer lending investments on public financial inclusion. Jurnal Economic Resource, 8(2), 1080–1088. https://doi.org/10.57178/jer.v8i2.1638
Anwar, M. M. (2025). How digital financial literacy and social media usage build saving behavior among Generation Z. Asia-Pacific Journal of Business Administration, 1–26. https://doi.org/10.1108/APJBA-04-2025-0329
Sari, A. D. I., Herman, T., Sopandi, W., & Jupri, A. (2023). A systematic literature review (SLR): Implementasi audiobook pada pembelajaran di sekolah dasar. Jurnal Elementaria Edukasia, 6(2), 661–667. https://doi.org/10.31949/jee.v6i2.5238
Fakriah, R. A., Alfhito, M. D., & Mardiyani. (2025). What drives digital payment adoption? Examining the role of ease of use, security, and trust. Journal of Enterprise and Development, 7(1), 101–113. https://doi.org/10.20414/jed.v7i1.12863
Gaur, P., & Saxena, A. (2025a). Systematic literature review and bibliometric analysis on adoption of digital payments. Jurnal Ilmiah Ilmu Terapan Universitas Jambi, 9(2), 737–764. https://doi.org/10.22437/jiituj.v9i2.40667
Gaur, P., & Saxena, A. (2025b). Systematic literature review and bibliometric analysis on adoption of digital payments. Jurnal Ilmiah Ilmu Terapan Universitas Jambi, 9(2), 737–764. https://doi.org/10.22437/jiituj.v9i2.40667
Huggi, M. M., R, B., & Udagi, K. (2024). The impact of digital payment systems on consumer behaviour in India. ShodhKosh: Journal of Visual and Performing Arts, 5(3). https://doi.org/10.29121/shodhkosh.v5.i3.2024.4060
Malik, I., & Juliardi, M. (2023). Bibliometric analysis of digital payment in Indonesian MSMEs. West Science Interdisciplinary Studies, 1(7), 352–364. https://doi.org/10.58812/wsis.v1i07.80
Moodaley, W., & Telukdarie, A. (2023). Greenwashing, sustainability reporting, and artificial intelligence: A systematic literature review. Sustainability, 15(2), 1481. https://doi.org/10.3390/su15021481
Nagara, A. S., Sukaryono, A., & Sukresna, I. M. (n.d.). The effect of digital payments on financial inclusion in rural West Java.
Pizzan-Tomanguillo, N. D. P., Pereyra-Gonzales, T. V., León-Ramírez, S. V., Bautista-Fasabi, J., Rosales-Bardalez, C. D., Gómez-Apaza, R. D., & Pizzán-Tomanguillo, S. L. (2024). Evolution and trends in digital wallet research: A bibliometric analysis in Scopus and Web of Science. Publications, 12(4), 34. https://doi.org/10.3390/publications12040034
Syahnur, K. N. F., Syarif, R., & Arianti. (2024). The effect of digital financial literacy and digital financial inclusion on women’s entrepreneurship empowerment. Jurnal Manajemen Bisnis, 11(1), 175–187. https://doi.org/10.33096/jmb.v11i1.662
Tang, J.-W., & Tsai, P.-H. (2024). Exploring critical determinants influencing businesses’ continuous usage of mobile payment in post-pandemic era: Based on the UTAUT2 perspective. Technology in Society, 77, 102554. https://doi.org/10.1016/j.techsoc.2024.102554
W, A., & S, S. (2024). The emerging technologies of digital payments and associated services. ShodhKosh: Journal of Visual and Performing Arts, 5(3). https://doi.org/10.29121/shodhkosh.v5.i3.2024.2032
