Work

Implementation of Digital Payment in Mitigation of Fraud Risk at Hotel Conrad Bali

Year: 2024

Type: article

Abstract: This study aims to be a fraud risk mitigation strategy in managing payment transactions. This study is a qualitative study. Data collection by interviews, documentation studies, and observations. Data analysis techniques used in this study are data reduction, data presentation, and drawing conclusions. The results of this study indicate that digital payments in payment transactions at Conrad Bali use internet banking. Conrad Bali conducts a longitudinal risk evaluation to identify fraud and applies a clear separation of duties. Conduct routine audits of security systems and internal controls to ensure employee effectiveness. Authorization is carried out with three security procedures, namely transaction maker (account payable and paymaster), approver/checker (chief accountant, OIBH, director of finance, and general manager) and releaser (general manager and owner).

Source: Indonesian Journal of Banking and Financial Technology

DOI: 10.55927/fintech.v2i4.11270

Authors: Ni Made Tiana Fadya, Ida Ayu Putri Widawati, Ni Made Sri Rukmiyati

Institution: Politeknik Pariwisata Bali

Language: English

Topic: Financial Literacy and Behavior

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: diamond

OpenAlex ID: W4404081528

FWCI: 2.038

Cites:

Cited by: 2

Related to: 10