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Growing Science » International Journal of Data and Network Science » Factors affecting the adoption of e-wallets to enter cashless society: An integration approach

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International Journal of Data and Network Science

ISSN 2561-8156 (Online) - ISSN 2561-8148 (Print)
Quarterly Publication
Volume 7 Issue 4 pp. 1849-1860 , 2023

Factors affecting the adoption of e-wallets to enter cashless society: An integration approach Pages 1849-1860 Right click to download the paper Download PDF

Authors: Nor Hazlina Hashim, Tak Jie Chan, Panfeng Li

DOI: 10.5267/j.ijdns.2023.7.007

Keywords: E-wallets, Use behavior, Diffusion of innovation, Unified Theory of Acceptance and Use of Technology 2, Personal innovativeness, Self-efficacy

Abstract: The Malaysian government actively encourages the development of e-wallets in Malaysia and set a goal to enter a cashless society by 2050. However, the mobile technology that has swept the world does not seem to be developing smoothly in Malaysia. The objective of the study is to investigate the determinants that impact the user behavior of Malaysians in adopting e-wallets and proposes integration theoretical models, namely UTAUT 2, Diffusion of Innovation, and self-efficacy to support the study. Data were collected among 253 Malaysian e-wallet users in the Federal State of Kuala Lumpur. The survey (online questionnaire) was distributed to respondents via QR codes and links as data collection. The PLS-SEM was utilized to test hypothetical relationships. The findings of the study demonstrated that compatibility, hedonic motivation, habits, and self-efficacy have a significant relationship with the user behavior of e-wallets. Self-efficacy was found to be the strongest predictor in influencing the use behavior of e-wallets. Conclusion, implications, and suggestions for future study were also discussed.

How to cite this paper
Hashim, N., Chan, T & Li, P. (2023). Factors affecting the adoption of e-wallets to enter cashless society: An integration approach.International Journal of Data and Network Science, 7(4), 1849-1860.

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Journal: International Journal of Data and Network Science | Year: 2023 | Volume: 7 | Issue: 4 | Views: 2419 | Reviews: 0

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