How the role of ATM technology encourage financial efficiency on Madura villagers?


  • Alifah Rokhmah Idialis Department of Economics, Faculty of Economics and Business, Universitas Trunojoyo Madura, Indonesia
  • Sariyani Sariyani Department of Economics, Faculty of Economics and Business, Universitas Trunojoyo Madura, Indonesia
  • Ayu Delawati Prasetyoningtyas Department of Economics, Faculty of Economics and Business, Universitas Trunojoyo Madura, Indonesia
  • Roechainy Kartika Ulfa Department of Economics, Faculty of Economics and Business, Universitas Trunojoyo Madura, Indonesia



Automatic Teller Machine, Financial efficiency, Stochastic Frontier Analysis, Villagers


Nowadays, the necessity and utilization of Automatic Teller Machine (ATM) technologies increase in rural areas.  Financial technology became a crucial thing and created efficiency in their activities. Some previous research uncovers technology that could create efficiency in the economy, including financial technology. This paper, interest in investigating and detect how ATM technology establishes financial efficiency on villagers. This research was conducted in rural communities on the island of Madura, Indonesia. This study uses SFA (Stochastic Frontier Analysis) model to estimate technical efficiency. This research found out that ATMs in rural communities on Madura Island produce highly financial efficiency. It proved that the villagers in Madura need ATM technology for carrying out their economic activities.  


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How to Cite

Idialis, A. R., Sariyani, S., Prasetyoningtyas, A. D., & Ulfa, R. K. (2021). How the role of ATM technology encourage financial efficiency on Madura villagers?. Jurnal Perspektif Pembiayaan Dan Pembangunan Daerah, 9(1), 43 - 50.