This study aims to explain the effect of benefits and risks on decisions to use e-money and explain the indirect effects of benefits and risks on decisions to use e-money by understanding technology as a mediation. The sampling technique used is non-probability sampling technique with incidental sampling method. The data used are secondary data and primary data. The results of this study indicate that the benefit variable has a significant positive effect on the decision to use e-money,while the risk variable has a significant positive effect on the decision to use e-money. And there is an indirect effect of benefit and risk variables through technology understanding variables on decisions to use e-money. Simultaneously, the benefit and risk variables affect the decision to use e-money.