E-Payment Research Papers - Academia.edu (original) (raw)

This study analyzes the impacts of digitalization on financial services on monetary policy in Thailand. Our empirical findings show that an increasing usage of electronic payment (e-Payment) among Thai people has small substitution effect... more

This study analyzes the impacts of digitalization on financial services on monetary policy in Thailand. Our empirical findings show that an increasing usage of electronic payment (e-Payment) among Thai people has small substitution effect on cash demand. Cash usage continues to rise along with size of the economy. Therefore, e-Payment has no apparent effect on monetary policy at this moment. However, the effects will gradually materialize consistent with e-Payment usage and government policies. In terms of efficiency, the study finds that digital payment usage could reinforce the effectiveness of monetary policy transmission in several channels, especially the asset price channel. This is because people could shift their portfolio investment more conveniently with lower costs. Moreover, our scenario analysis of the coming digital currency shows that if the daily use of cryptocurrencies becomes more popular, especially those which are not tied their prices with national currency, their widespread adoption might lead to lower demand for local currency and yield negative impacts on monetary policy. Hence, the issuance of central bank digital currency is one option that central banks could prepare to preserve their credibility on maintaining monetary and financial stability for the country.

The changing market dynamics in addition to globalisation and increasing internationalisation and trade needs effective and improved cross-border payment system, but the currently existing systems were found to be ineffective simply... more

The changing market dynamics in addition to globalisation and increasing internationalisation and trade needs effective and improved cross-border payment system, but the currently existing systems were found to be ineffective simply because of the range of challenges and inefficiencies. These challenges range from the lack of transparency to the unavailability of real-time information related to foreign exchange; thereby calling for an improved and efficient platform and a system that can ensure improvement in cross-border payments and transactions.

Examining the adoption of e-payment systems is not a new research topic. Nevertheless, studying the factors affecting the adoption of e-payment systems in higher educational institutions is a new research trend. Thus, this study is... more

Examining the adoption of e-payment systems is not a new research topic. Nevertheless, studying the factors affecting the adoption of e-payment systems in higher educational institutions is a new research trend. Thus, this study is considered one of the few that attempts to investigate the factors affecting the e-payment systems adoption in six different universities in the United Arab of Emirates (UAE). A total number of 289 students took part in the study. This study proposed a new research model in which the students' intention to use the e-payment systems are affected by five different factors including perceived benefit, performance expectancy, perceived risk, perceived secu-rity/privacy, and trust. The partial least squares-structural equation modeling (PLS-SEM) approach was used to validate the research model. The empirical results suggested that perceived benefit and performance expectancy have a significant positive relationship with the students' intention to use e-payment systems, whereas perceived security/privacy and perceived risk exhibited a significant negative relationship. However, the results triggered out that trust has an insignificant relationship with the students' intention to use e-payment systems. The results acquired from this research provide a fresh and an up-to-date information on the e-payment systems adoption in the higher educational institutions .

E–payment is one of the major constituents of e–commerce, which assists to enhance user efficiency and smarten intention to use of e–commerce in the digital era. This study investigates the roles of perceived risk and trust on e–payment... more

E–payment is one of the major constituents of e–commerce, which assists to enhance user efficiency and smarten intention to use of e–commerce in the digital era. This study investigates the roles of perceived risk and trust on e–payment adoption. Data is collected from respondents who have used or intend to use e–payments for e–commerce in Ho Chi Minh City. The structural equation modelling (SEM) is analyzed on a total convenient sampling of 200 respondents. Interestingly, research results externalize that perceived risk and trust have the principal roles of the structural model of e–payment adoption. The research model accounts for 38% of e–payment adoption.

Electronic Payment System (EPS) has become the most acceptable means of payments in today's financial transactions across the world. This is due to its efficiency, convenience and timeliness. For this reason, EPS studies had attracted... more

Electronic Payment System (EPS) has become the most acceptable means of payments in today's financial transactions across the world. This is due to its efficiency, convenience and timeliness. For this reason, EPS studies had attracted different scholars armmd the globe n conducted in different parts of the world to examine the extent of electronic payment system adoption and the influencing factors that leads to its adoption at both individuals and organizational levels. In view of this, this study aims to make an extensive literature review on prior studies that relates toe-Payment adoption with a view to examine and analyze the most influencing factors that contributes to its adoption. In addition, the study will analyze the context, methodology and the models used in such prior studies. To achieve the stated objective an extensive literature search on e-Payment adoption studies was carried out in searching fore-Payment adoption studies that were published between the years 2010-2016. To facilitate the rmderstanding of the issue rmder study all past studies were analyzed based on the independent variables (influencing factors) context-location of the study, tbeories!Information System (IS) models adopted and tbe methodology used. Finally, tbe study has found among others that trust, ease of use, usefulness, security, convenience, cost, benefit, awareness and attitude are the most recurring factors that influences e-Payment adoption in prior studies.

E-Payment adalah pembayaran elektronik melalui sms, atau online service seperti internet online banking. E-Payment juga bisa disebut sebagai suatu sistem yang menyediakan alat-alat untuk pembayaran jasa atau barang-barang yang dilakukan... more

E-Payment adalah pembayaran elektronik melalui sms, atau online service seperti internet online banking. E-Payment juga bisa disebut sebagai suatu sistem yang menyediakan alat-alat untuk pembayaran jasa atau barang-barang yang dilakukan melalui internet. Sistem pembayaran elektronik (e-payment) tidak dipungkiri menjadi salah satu solusi media pembayaran atau penyimpanan dana sementara. Saat ini, epayment sudah berkembang dan semakin lazim dipakai oleh masyarakat Indonesia baik yang berupa kartu (e-money) atau berdasarkan aplikasi (e-wallet).

Nowadays, online payment is one of the essential tools in the business. Hence, there is a shift from offline payment to online payment as consumers are adapting e-payment in their daily lives. In this regard, it is crucial for retailers... more

Nowadays, online payment is one of the essential tools in the business. Hence, there is a shift from offline payment to online payment as consumers are adapting e-payment in their daily lives. In this regard, it is crucial for retailers and bank first to recognise the factors that impacting new consumer online payment to enhance this payment method in future. A study conducted to assess factors that changing customer behavioural of online cash in Klang Valley. Utilising the online survey approach this study was conducted based on the responses of 133 respondents who are the online payment users who lived in Klang Valley. Applying SPSS and SmartPLS software’s, this study analysed data by using frequency analysis, descriptive analysis, reliability analysis, and analysis of hypotheses. The results indicated that experience and usefulness have a positive influence on the new consumer of online payment services in Klang Valley, where convenience has a negative impact on the subject.

E-payment is a convenient and easy mode of payment, due to its convenience it makes everyone’s life easy, because it takes less time to make transaction. This makes a solid case for adoption in many developed as well as developing... more

E-payment is a convenient and easy mode of payment, due to its convenience it makes everyone’s life easy, because it takes less time to make transaction. This makes a solid case for adoption in many developed as well as developing countries. However, there are many countries who have not successfully implemented it due to lack of facilities and even lack of awareness of customers. Even in a developing country like Pakistan E-Payment system is not so popular because of many operational constraints, according to Asian Development Bank (ADB) almost 95% people of Pakistan rely on case on delivery (COD) method and only 5% people use E-Payment system. In Hyderabad many people prefer COD method when they order online. This research aimed to analyze the customer awareness and lack of adoption of E-payment system in Hyderabad marketplace. The survey was conducted using questionnaire that was adopted from existing measurement instruments from past research papers. The questionnaires were distributed to customers and banks of Hyderabad, male and female, aged ranging from 18 to 51 years old. The data is analyzed using SPSS Software. The sample size was 350 respondents of Hyderabad. This study found that system credibility, facilitating conditions, perceived ease of use and perceived usefulness are the most important factors that affect to the customer awareness and slow adoption of E-payment system. This research will help to understand the reason behind lack of adoption of E-Payment system by studying the customer’s knowledge about the usage of E-payment system and evaluate the reason behind this slow adoption of customers.

This paper summarizes an explorative study of the novel design and security that contribute to consumers' adoption of an integrated, single platform payment system encompassing card, Internet and mobile technologies in the ASEAN. The... more

This paper summarizes an explorative study of the novel design and security that contribute to consumers' adoption of an integrated, single platform payment system encompassing card, Internet and mobile technologies in the ASEAN. The attempt to survey these areas in an integrated fashion is a novel approach that differs from existing studies that mainly focus on adoption factors of these technologies in isolation as well as focuses on the novel design and the security elements. The empirical results from the quantitative analysis suggest that design, security, perceived usefulness as well as perceived ease of use are significant factors that contribute to consumers' intention to utilize a single platform payment System. Organizations will be able to utilize the study information for developing products and services that meet the consumers' single platform E-payment system while also fulfil their objective of corporate social responsibility.

The purpose of the study was to examine the effect of e-bill payment on customer satisfaction in Uganda with Stanbic Bank Uganda Limited as the case study. The study involved 5 managers, 10 Middle Level staff involved in E-banking... more

The purpose of the study was to examine the effect of e-bill payment on customer satisfaction in Uganda with Stanbic Bank Uganda Limited as the case study. The study involved 5 managers, 10 Middle Level staff involved in E-banking operations, 5 Head office (Stanbic) E-banking operative staff, 8 Customer relationship officers attending walk-in-customers and 63 Customers of Stanbic Bank Uganda Limited. A cross-sectional approach, as well as a combination of quantitative and qualitative data analysis techniques was employed in this study. Quantitative data analysis techniques involved the use of descriptive statistics such as frequencies and percentages to summarize responses on issues of E-bills payment impact on customer satisfaction while the Pearson's correlation coefficient was used to establish the relationship between dimensions of E-bills payment and customer satisfaction as study objectives. Findings indicate that there is a moderate positive relationship between e-bill payment and customer satisfaction; (r=0.266 p=0.016 n=82). The relationship is statistically significant at 95% confidence level since p-value (Sig.) is less than 0.050 (=0.000). This implies that improvements in e-bill payment factors shall be related to improvements in customer satisfaction. Findings from descriptive statistics indicated that on average the respondents agreed to the statement that e-bill payment has an effect on customer satisfaction which included capacity to handle a greatly enhanced volume and of payments, far lesser time per bill handles, increased efficiency and accuracy and reduced payment concerns.

Nowadays, the E-payment systems have been considered to be the safe way of money transfer in most of modern institutes and companies. Moreover, the security is important side of these systems to ensure that the money transfer is done... more

Nowadays, the E-payment systems have been considered to be the safe way of money transfer in most of modern institutes and companies. Moreover, the security is important side of these systems to ensure that the money transfer is done safely. Software engineering techniques are used for guaranteeing the applying of security and privacy of such systems. In this paper, a secure E-payment system is proposed based on software engineering model and neural network technology. This system uses different proposed algorithms for applying authentication to the devices of users as mobile application. They are used to control the key management in the system. It uses the neural network back-propagation method for ensuring the security of generated keys that have sufficient random levels. The proposed system is tested over numerous cases and the obtained results show an efficient performance in terms of security and money transfer. Moreover, the generated keys are tested according to NIST standards.

The main purpose of this paper is to determine mobile device ownership and online shopping preferences among shoppers in the Klang Valley, Selangor, Malaysia. Additionally, it seeks to investigate the awareness and acceptance of Near... more

The main purpose of this paper is to determine mobile device ownership and online shopping preferences among shoppers in the Klang Valley, Selangor, Malaysia. Additionally, it seeks to investigate the awareness and acceptance of Near Field Communication (NFC) Technology as a preferred payment platform or method among online shoppers. This quantitative research is carried out via survey questionnaire on a sample size of 200 respondents who have shopped online with majority residing in the Klang Valley. The findings indicate online shoppers still prefer to conduct their online shopping transactions using a desktop Personal Computer. Respondents, regardless of race and academic qualifications, use the English language medium when shopping online and majority prefer to shop at an individual e-commerce website rather than a single website comprising many e-commerce websites such as deals.bigsale.com.my. Awareness on NFC technology for payment solutions is still at the infancy stage among many online shoppers in Malaysia with a low acceptance level mainly due to security concerns. This finding has implications on the communications strategies of mobile network operators, banks, Android and Apple-device manufacturers, online retailers and other key players in the telecommunications and technology industry. The latter need to play an active role in educating the public about NFC-enabled payment devices and convincing online shoppers on the security features of such mobile payment devices. In other words, more than just touting the benefits of NFC and explaining the technology, the communications strategy of all relevant players must focus on persuading and convincing their target audience on the security features for diffusion and adoption of the technology online shoppers in Malaysia.

This article examines the role of gender in the use of digital finance in Kenya, including the well-known case of mobile money but also the emerging use of smartphone apps, payment tills, digital credit services, and digital fund-raising... more

This article examines the role of gender in the use of digital finance in Kenya, including the well-known case of mobile money but also the emerging use of smartphone apps, payment tills, digital credit services, and digital fund-raising computer programs. Development professionals have explicitly feminist goals in bringing digital finance to women in the Global South. In several recent reports, they outline the belief that gender norms are a barrier to women's use of finance. They hope digital finance will bring women agency and control over money and consequently shift restrictive gender norms. This article offers a critique of these assumptions based on ethnographic conversations, a diary exercise, and network self-portraiture conducted in Kenya in 2016 among both rural farmers and urbanites. Adopting a distributed agency perspective, the ethnographic study demonstrates that Kenyan women and men use digital finance not to seek individual control of their money but to produce themselves as connected and trustworthy members of financial groups and collectivities. Gender norms may not hinder women from finance but rather enhance and deepen women's and men's financial relationships and bring women success in amassing funds.

Ce mémoire est réalisé dans la seconde moitié de l'année 2021 et soutenu en mars 2022 pour l'obtention du grade de licencié en Économie à la Faculté de Droit et des Sciences économiques de l'Université d'État d'Haïti. Il se porte sur... more

Ce mémoire est réalisé dans la seconde moitié de l'année 2021 et soutenu en mars 2022 pour l'obtention du grade de licencié en Économie à la Faculté de Droit et des Sciences économiques de l'Université d'État d'Haïti. Il se porte sur l'importance que pourrait avoir le paiement mobile pour les gens dans les milieux ruraux. Desarmes a été adopté comme prototype pour réaliser et vérifier ce travail.

Central to the infrastructure of electronic commerce activities is the electronic payment system. This encompasses not only the issues of technical sophistication but also legal readiness. In the context of electronic commerce environment... more

Central to the infrastructure of electronic commerce activities is the electronic payment system. This encompasses not only the issues of technical sophistication but also legal readiness. In the context of electronic commerce environment in Malaysia, this paper seeks to highlight and examine the Malaysian legal readiness in the aspect of electronic payment system, focusing on its Payment Systems Act 2003. The discussion is limited to the issue of electronic security measures embodied in the law. Within its restricted scope, this paper seeks to demonstrate how the law recognizes the importance of security measures in order to build confidence and trust among the public and mainly the users of electronic payments in the country.

The world has been moving towards all things electronically. It happened with the lockdown coming into effect, especially for electronic payments in India. So this research is to study the benefits of e-payment to customers and the major... more

The world has been moving towards all things electronically. It happened with the lockdown coming into effect, especially for electronic payments in India. So this research is to study the benefits of e-payment to customers and the major problems faced by them. The objective of the present study was accomplished by conducting a descriptive research. In this study both primary and secondary data was used. The approach adopted in the study is survey approach. The main techniques used for this study is questionnaire. In this study sample unit is commoners who use online payment. The sampling area is restricted to Alappuzha district. The data collected for this study was analysed using simple percentage analysis. It found that most of them prefer online payment because of the various benefit it offers. Majority of them use Google pay as their payment platform and mobile banking as their payment gateway. It found that the major factors which backed them from opting online payment were security, privacy, theft and fraud. When the respondents were asked about their internet access only a least of them had no access, rest have internet access either at home or at work place. In order to improve security most of them suggested to turn two factor Authentication.

In the world the consensus concerning the future decline of an era of cash is now reached. Economists - theorists presented a number of models (with different degree of viability) on transition implementation to society without cash. In... more

In the world the consensus concerning the future decline of an era of cash is now reached. Economists - theorists presented a number of models (with different degree of viability) on transition implementation to society without cash. In article these models, and also the advantages reached at stimulation of development of non-cash retail payments are analyzed.

Despite development and extension of different ways of financing in financial markets, encompassing Islamic and conventional financing, the mechanism of Electronic Funds Transfer (EFT) of project financing both as borrowed and... more

Despite development and extension of different ways of financing in financial markets, encompassing Islamic and conventional financing, the mechanism of Electronic Funds Transfer (EFT) of project financing both as borrowed and non-borrowed methods has not been considered at most. Moreover overall IT infrastructures development namely Real Gross Settlement System (RTGS), Automatic Clearing House (ACH), Scriptless Security Settlement System (SSSS) and International Bank Account Number (IBAN) for authentication process and the international meta bank network of Single Euro Payment Area (SEPA) and also international integrated banking networks including the Society For Worldwide Interbank Financial Telecommunication (SWIFT) and Interbank Information Transfer Network (Shetab), and other accomplished endeavors are not efficient in absorbing international contributions for project financing through foreign exchange funds in the different countries, satisfactory E-Payment mechanism in informative portal systems for investment projects are weak. In this way, the role of applying E-Payment systems for attracting foreign investment through retail resources mobilization and design of financial instruments with the capability of transacting in the secondary markets should be reconsidered. In this paper by having a glance at different types of investment project financing, we introduce a new project financing mechanism based on E-Payment with non-usury financial instruments to complete investment project financing chain in the form of Rastin Profit and Loss Sharing (PLS) banking.Sharia compliance of financing instruments in one side and accessibility in absorbing international retail foreign exchange sources on other side are two fundamental discussible items in this paper. In this way by designing a new system of "Non-Usury Scriptless Security Settlement System" (NSSSS) with non-usury mechanisms-avoiding legislative (Sharia) circumvention-can provide the two cited goals in designing non-usury financing instruments through IT-based non-usury financial innovations which includes of Rastin Certificates in Rastin PLS banking, and Non-Usury Bonds namely Rastin Swap Bonds.

Artykuł powstał w ramach serii trzech artykułów napisanych na zaproszenie redakcji magazynu Społeczno-Gospodarczego "GMT - Partner Wielkopolski". Wszystkie trzy artykuły są udostępnione w niniejszym serwisie (Academia.edu). Przedstawiany... more

Artykuł powstał w ramach serii trzech artykułów napisanych na zaproszenie redakcji magazynu Społeczno-Gospodarczego "GMT - Partner Wielkopolski". Wszystkie trzy artykuły są udostępnione w niniejszym serwisie (Academia.edu). Przedstawiany tu tekst jest trzeci z rzędu. Jest on poświęconym sposobom zabezpieczania transakcji finansowych przeprowadzanych przez drogą elektroniczną (głównie przez Internet, chociaż nie wyłącznie).
Warto dodać, że autor w czasie pisania tego tekstu (1996) pełnił funkcję doradcy ds. informatyki prezesa BPH - wówczas jednego z największych polskich banków. Uczestniczył w tworzeniu i testowaniu systemów zabezpieczeń używanych w tym banku. Z tego względu w prezentowanej publikacji musiał prezentować informacje w sposób wielce wstrzemięźliwy, żeby nie zdradzić tajemnic bankowych. Stąd treść artykułu dotyka tylko najbardziej oczywistych spraw, pozostawiając inne, często ważniejsze, w sferze niedopowiedzeń.