This study aims to explore young people’s understanding and interest in Financial Technology on payment transaction GO – PAY, also to find out the understanding of young people towards cashless. This research is a type of qualitative research and the data is obtained through in-depth interviews randomly. Informants in this study were selected using purposive accidental sampling. Data is analyzed through data reduction, display and interpretation of data. Source triangulation is used to test data validity. The results of this study are that young people’s understanding of Financial Technology is still general in nature and is only limited to the meaning of words, as well as understanding young people towards cashless. At present the interest in GO – PAY is not yet high, but based on research on the aspects of TAM Theory, Financial Technology on GO – PAY can develop well but with obstacles overcome through the advice of researchers, namely the existence of brain storming in the form of educating the public. This research can prove that companies engaged in financial technology can develop well, but require a considerable amount of time and require education and knowledge of the community. It is possible, if later financial technology will master the payment transaction, there will be special financial reports to report all cashless-based financial transactions.

Keywords : Financial Technology, Cashless, Payment Transaction, GO – PAY, Bali.