Analysis of sustainable E-money usage in a developing country
Perspective from the development of the Philippines
Bibliographic Data
| ID | 21283124 |
|---|---|
| Authors | Luq Willis A Jimenez (Mapúa University), Ardvin Kester S Ong (0000-0001-9284-9826, Mapúa University, corresponding author), Ma Janice J Gumasing (0000-0003-0627-5040, De La Salle University), Maela Madel L Cahigas (0000-0002-6368-3393, Mapúa University) |
| Year | 2024 |
| Volume | 251 |
| Pages | 104588 |
| Publication date | 2024-11-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Acta Psychologica (JOURNAL) |
| Journal identifiers | ISSN: 0001-6918 • E-ISSN: 1873-6297 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.actpsy.2024.104588 |
| PMID | 39509958 |
| OpenAlex | W4404120437 |
| Language | EN |
| Citations received | 3 |
| References cited | 56 |
Emerging technologies and their applications are steadily gaining traction and diversifying across various domains, including the financial sector. E-money represents one such extension, facilitating cashless transactions through mobile applications which has recently bloomed in the Philippines. This research sought to offer valuable insights into the role of digital currency in developing emerging economies by integrating the UTAUT2 model with the Sustainability Theory of Planned Behavior (STPB). This study aimed to assist developing nations in gauging their communities' attitudes towards e-money from a sustainability standpoint. The study involved the analysis of responses from 638 valid participants, employing Structural Equation Modeling (SEM). The outcomes revealed that effort expectancy (β: 0.398) significantly influenced e-money adoption, as per the integrated UTAUT2 and STPB framework, followed by other UTAUT2 domains. Subsequently, attitude (β: 0.368) and subjective norm (β: 0.273) followed in terms of their impact, alongside perceived behavioral control (β: 0.26) and the sustainability domains. These findings shed light on users' perception of e-money as a valuable addition to their daily lives, primarily due to its transactional convenience. Users also believe that e-money enhances their ability to achieve personal goals, giving them control over their time and convenience. As a result, these study findings are pertinent for comprehending user intentions, especially within the context of the continuous advancement of technology
Business · Developing country · Economic growth · Economics · Perspective (graphical) · Political science · Sustainable development · Computer Science · FinTech, Crowdfunding, Digital Finance · ICT Impact and Policies · Microfinance and Financial Inclusion
Leveraging structural and behavioral models to promote green consumer credit practices in non-banking financial companies
Central bank digital money (CBDM) uses among patrons in hospitality and tourism
E-money applications tuition fee loan behavioral analysis using valence framework and technology acceptance analysis
Environmental Attitudes and Behavior
Unveiling ways to reach organic purchase
Understanding the limitations of global fit assessment in structural equation modeling
Applications of structural equation modeling (SEM) in ecological studies
Factors influencing adoption of mobile banking by Jordanian bank customers
An extension of Trust and TAM model with TPB in the initial adoption of on-line tax
Pro-environmental behaviors through the lens of the theory of planned behavior
The theory of planned behavior
User Acceptance of Information Technology
Consumer Acceptance and Use of Information Technology
Analysis of Factors Affecting Use Behavior towards Mobile Payment Apps
The role of mobile money innovations in transforming unemployed women to self-employed women in sub-Saharan Africa
CB-SEM vs PLS-SEM methods for research in social sciences and technology forecasting
The theory of planned behavior
Composite Reliability in Structural Equations Modeling
A comprehensive index for a sustainable society
Environmental behaviours within ecological and social limits
Effects of self‐service technology on customer value and customer readiness
The use of a decomposed theory of planned behavior to study Internet banking in Taiwan
Understanding Factors That Influence Consumer Intention to Use Mobile Money Services
| Unique citing works | 3 |
|---|---|
| Citations per year | 3 |
| Citation span | 2025 - 2025 (1) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |