scholarly journals Pengaruh Penggunaan Sistem Pembayaran Digital terhadap Perilaku Beralih di Era Pandemi COVID-19

Telaah Bisnis ◽  
2021 ◽  
Vol 21 (2) ◽  
pp. 89
Author(s):  
Rasistia Wisandianing Primadineska
Keyword(s):  
Payment System ◽  
Individual Behavior ◽  
Behavioral Research ◽  
Switching Behavior ◽  
Electronic Payment ◽  
Payment Systems ◽  
Generation Z ◽  
Positive Effect

This study aims to examine the effect of changes in individual behavior in the use of electronic payment systems on switching intentions and switching behavior of individuals during the COVID-19 pandemic in Indonesia. Total of 100 respondents from various regions in Indonesia were tested in this study. Most of the respondents are generation Z and millennial. The data were processed using SEM PLS. The results show that during the pandemic, individuals who have already used digital payment systems have the intention of switching from conventional to digital payment systems. The intention to switch has also had a positive effect on the behavior of moving from conventional to digital payment systems. This research adds references to behavioral research related to the development of the payment system in Indonesia, especially during the pandemic.

scholarly journals Effect of Comparative Study of Payment System between Malaysia and Republic of Tajikistan

2017 ◽  
Vol 3 (2) ◽  
pp. 131-136
Author(s):  
Firdavsi Kholiqov ◽  
Sara Ramzani ◽  
Valliappan Raju
Keyword(s):  
Research Study ◽  
Payment System ◽  
Electronic Payment ◽  
Payment Method ◽  
Payment Systems ◽  
Developing Nation ◽  
Training Courses ◽  
The Republic ◽  
And Training ◽  
Day By Day

Purpose: The worldwide payment system has another alternative called e-payment system now. There are a numbers of different aspects on payment system in two mentioned countries. To utilize the arrangement of e-payment, we can spare our time, assets and powers throughout our day by day to exercise the daily e-payment method. The larger part of developing nation is utilizing this e-payment system these days, on the grounds that the e-payment will push the economy to drive speedily. Author has used quantitative method data collection, whereby questionnaire will be provided to respondents. The populations for this research study are financial organizations in both of countries. The target markets are 59 organizations and for data analyzing author will use SPSS technique. Today, the structure of payment system is electronic-payment systems.  It is believed that the result of this study significantly support e-payment system. Using cash, cheque and other kind of payment methods are very less observed in Malaysia. Author has tried to find what are the comparative aspects of payment system between two countries and what are the benefit of e-payment system which used in Malaysia and unused in Tajikistan. This study will help the payment system of Tajikistan to develop and transform to new payment system accordingly. Therefore, this research will deliver as educational subject and training courses to the Republic of Tajikistan.

scholarly journals Electronic payment system use: a mediator and a predictor of financial satisfaction

2020 ◽  
Vol 17 (3) ◽  
pp. 246-262 ◽  
Author(s):  
Khurram Ajaz Khan ◽  
Mohammed Anam Akhtar
Keyword(s):  
Payment System ◽  
Partial Least Square ◽  
Equation Modeling ◽  
Financial Satisfaction ◽  
Electronic Payment ◽  
Financial Capability ◽  
Financial Advice ◽  
Financial Anxiety ◽  
Electronic Payment System ◽  
Positive Effect

This study investigates the direct and indirect effects of financial capability, financial advice, financial anxiety, and the use of an electronic payment system (EPS) on financial satisfaction. In the current era of digitalization and financial innovations, it seems quite unlikely that an individual remains unaffected by its use. The research was conducted in northern India on individual level using a partial least square structural equation modeling statistical technique to analyze responses collected from a close-ended questionnaire using a 5-point Likert scale. The results show that financial capability, financial advice, financial anxiety, and EPS usage have a direct positive effect on an individual’s financial satisfaction. EPS usage plays a significant mediating role, as all the financial constructs depict a positive effect on financial satisfaction via EPS use. These findings contribute to the literature by offering an understanding of the determinants of financial satisfaction in the context of a low-income developing country, as well as the vital role of using EPS in an individual’s financial satisfaction in today’s digitally driven era. The results of this study could be a useful factor for policymakers and digital service providers for implementation and control. Acknowledgement “This paper was supported by Internal Grant Agency of FaME TBU No. IGA/FaME/2019/002”

scholarly journals Operators of foreign payment systems and foreign providers of payment services as subjects of national payment system

2020 ◽  
pp. 14-24
Author(s):  
Aleksandr Aleksandrovich Sitnik
Keyword(s):  
Public Relations ◽  
Russian Federation ◽  
Financial Services ◽  
Legal Regulation ◽  
Payment System ◽  
Electronic Payment ◽  
Payment Systems ◽  
Financial Transfers ◽  
The Russian Federation ◽  
Payment Services

This article is dedicated to study of peculiarities of legal regulation of the work of operators of foreign payment systems and foreign providers of payment services within the framework of national payment system of the Russian Federation. The object of this research is the public relations that emerge in the process of rendering payment services by foreign providers, their provision of electronic payment means for financial transfers on the territory of the Russian Federation, functionality of the operators of foreign payment systems, and supervision by the Bank of Russia. The subject of this research is the legislative norms on national payment system. The scientific novelty consists in the fact that based on the positions of the legislation on national payment system conclusions are made on peculiarities of carrying out supervision over the operators of foreign payment systems and foreign providers of payment services. This supervision is also indirectly carried out through Russian operators of financial transfers. In a case of failure by a foreign organization to meet the requirements established by the legislation on national payment system, the operators of financial transfers loses its right to take part in international payment systems and render financial services associated with transfer of funds using electronic payment methods rendered by foreign providers. The corresponding rules were set to ensure stability of national payment system, increase the quality of payment services, protect the rights and lawful interests of payment service consumers, and finally, ensure financial security of the Russian Federation.

Bankcard Payment System in the People's Republic of China

2011 ◽  
pp. 184-200
Author(s):  
Michelle W. L. Fong
Keyword(s):  
Emerging Market ◽  
Payment System ◽  
Public Confidence ◽  
Open Market ◽  
Electronic Payment ◽  
Payment Systems ◽  
Technological Support ◽  
Republic Of China ◽  
Goods And Services ◽  
Electronic Payment System

An efficient payment system is necessary to support efficient trading in goods and services within open market economies. Information technology has been used by many of these economies to achieve efficiency in their payment systems. The Peoples Republic of China, an emerging market economy, regards an efficient electronic payment system as imperative for economic liberalization, for supporting low cash usage and improving monetary control within the economy. By means of the Golden Card project, it aimed for a flexible, convenient, fast, secure and seamless electronic payment system beneficial to economic performance. Although efficiencies in the electronic payment system were achieved in some of the developed regions, there have been teething problems such as low public confidence in the system, weak technological support and inadequate regulatory framework that prevent the full realization of a supportive payment system for overall economic development.

scholarly journals The Role of Electronic Payment Methods in Facilitating Money Transactions in Erbil City

2019 ◽  
Vol 3 (1) ◽  
pp. 7-14
Author(s):  
Dina A. AL-Saji
Keyword(s):  
International Markets ◽  
Payment System ◽  
Electronic Payment ◽  
Payment Systems ◽  
Payment Methods ◽  
Good Ability ◽  
Awareness Programs ◽  
Customer Services ◽  
Financial Transactions ◽  
Electronic Payment System

The emergence of e-commerce has created new financial needs that in many cases cannot be effectively fulfilled by the traditional payment systems. All interested parties are exploring various types of the electronic payment system and issues electronic payment system and digital currency. Therefore, I conducted research on the availability and variety of electronic payment methods in Erbil city, to see the extent of using them in financial transactions. The sample of the research included three banks (Cihan, RT, Byblos). The distributed questionnaires were 40 and collected just 31 were valid to statistically analysis. The questionnaire was designed according to the five-dimensional Likert scale. The SPSS program was used for statistical analysis to extract results Based on the results, the following the most important conclusions were achieved. The results showed that banks have a great interest in electronic payment methods to attract customers and improve customer services. Electronic payment methods are limited only to customers who have a good ability to handle the Internet. According to the results, we made a number of recommendations: Banks should pay attention to issuing new and modern electronic payment methods to attract new customers and follow developments in global markets. Banks and other specialized organizations should conduct awareness programs for clients on the importance and ease of using electronic payment methods in financial transactions in local and international markets.

scholarly journals On Pooled OLS and Panel Regression Models for Assessing the Contributions of Electronic Payment System on Commercial Banks Profitability

2021 ◽  
Vol 25 (2) ◽  
pp. 61-81
Author(s):  
Kayode S. Adekeye ◽  
◽  
Kelvin E. Igwe ◽  
Olaniyi M. Olayiwola ◽  
◽  
...  
Keyword(s):  
Commercial Banks ◽  
Regression Models ◽  
Payment System ◽  
Panel Regression ◽  
Electronic Payment ◽  
Payment Systems ◽  
Effect Model ◽  
The Impact ◽  
Electronic Payment System ◽  
Panel Regression Models

This study examined the impact of electronic payment system on the profitability of commercial banks in Nigeria. Pooled OLS and Panel regression models were fitted on the data extracted from the banks’ annual reports, Nigerian interbank settlement scheme, and central bank of Nigeria website. The assessment of the contribution of the various electronic payment systems considered were measured using Breusch and Pagan Lagrangian Multiplier (LM) Test, the Hausman Test, Stationarity Test, The Schwarz Criterion, and the Akaike Information Criterion. Results obtained showed that the random effect model was more appropriate than the fixed effect model for all the electronic payment systems considered in this study. Furthermore, it was discovered that there exists a positive relationship between the electronic payment systems and profitability of the commercial banks in Nigeria.

Electronic Payment Systems in Electronic Commerce

2020 ◽  
pp. 114-139
Author(s):  
Rana Atabay Kuscu ◽  
Yasemin Cicekcisoy ◽  
Umit Bozoklu
Keyword(s):  
Electronic Commerce ◽  
Web Sites ◽  
Payment System ◽  
The Internet ◽  
Electronic Payment ◽  
Payment Systems ◽  
Payment Methods ◽  
Digital World ◽  
Technological Advances ◽  
Block Chaining

Technological advances and correspondingly the spreading usage of the Internet have significantly changed commerce, and also the concept of money has become more abstract. Customers with the help of the technological advances don't have the necessity of cash money, and consumers/firms tend towards alternative payment methods. At this point, electronic commerce (e-commerce) web sites have started to use block chaining payment methods. In this digital world, new payment technologies have started to spread far and wide thanks to fast improvements in payment technologies, and they offer different options in payment methods. Each electronic payment (e-payment) system has some advantages; however, each of them has some disadvantages as well. The aim of this study is to investigate the e-payment systems which are different from traditional payment methods.

Electronic Payment Systems in Developing Countries for Improved Governance System

2010 ◽  
pp. 126-149 ◽  
Author(s):  
Hakikur Rahman
Keyword(s):  
Developing Countries ◽  
Payment System ◽  
Electronic Payment ◽  
Payment Systems ◽  
Economic Activities ◽  
Governance System ◽  
On Demand ◽  
General Overview ◽  
Varying Environments ◽  
Financial Transactions

Payment system is an age-old system of transfer of properties. It has taken different forms of transactions depending on demand, usage, acceptability, tradition, methods, technology and availability. Payment systems varied from commodity transfers, physical financial transactions (traditional payment systems) to virtual payment transactions (electronic payment systems). Electronic payment systems have also taken various forms in varying environments and societies. This chapter provides a general overview on various electronic payment systems, focusing developing countries and tried to relate electronic payment systems as an enabler of financial empowerment. In this context, this chapter reiterated that by raising economic activities via electronic means, as a component of e-commerce, could enhance the electronic governance system of a country. It has also put forward available issues, challenges, methods and tools needed to implement electronic payment systems, especially focusing to developing countries.

scholarly journals The development of electronic payment systems in Ukraine and their security

VUZF Review ◽  
2021 ◽  
Vol 6 (2) ◽  
pp. 146-152
Author(s):  
Liudmyla Polovenko ◽  
Svitlana Merinova ◽  
Kateryna Kopniak
Keyword(s):  
Information Technologies ◽  
Block Diagram ◽  
Electronic System ◽  
Payment System ◽  
Electronic Payment ◽  
Security Measures ◽  
Payment Systems ◽  
Electronic Payments ◽  
Transfer Services ◽  
Electronic Payment System

The paper is devoted to the study of innovations in the market of modern payment systems. The pandemic and quarantine restrictions have accelerated the expansion of the payment infrastructure in Ukraine, which in turn raises the issue of security of electronic payment systems. Ukrainians are more actively switching to electronic payments. At the same time, the trend of growing popularity of contactless payment instruments and settlements with them continues. A comparative analysis of the security of payment systems using electronic technologies in the implementation of money transfer services in Ukraine has been performed. The components of the payment system, information security measures in the electronic payment system have been also considered. The schema of electronic payments and the block diagram of the information protection subsystem of electronic payment system have been constructed. The criteria for assessing the security of the electronic payment system have been determined. A total of fifteen safety criteria have been identified, they are divided into six groups according to the degree of safety. Six electronic system payments were used for the study and the research results have been presented in this paper. The tendencies of development of electronic payment systems in modern conditions and ways of improvement of their activity taking into account the newest information technologies have been outlined.

scholarly journals Factors Influencing the Adoption of E-Payment: An Empirical Study in Malaysia

2020 ◽  
Vol 4 (2) ◽  
pp. 53 ◽  
Author(s):  
Intan Syafinaz Mat Shafie ◽  
Yuslina Liza Mohd Yusof ◽  
Ainun Nadzirah Mahmood ◽  
Nor Irvoni Mohd Ishar ◽  
Hartini Zuhaila Jamal ◽  
...  
Keyword(s):  
Social Influence ◽  
Excellent Result ◽  
Payment System ◽  
Electronic Payment ◽  
Payment Systems ◽  
Effort Expectancy ◽  
Perceived Security ◽  
And Performance ◽  
The One ◽  
Electronic Payment System

This study examines the antecedents of the factors that influence customers to adopt the electronic payment system while making payments. Payment is the one of the element to complete the transaction while making payment. Due to the development of E-commerce, e-payment systems have been introducing. So, the use of electronic payment systems is being increasing day by day for people to complete their task quickly ineffective way. The result of the study shows that there is a relationship between dependent variables (effort expectancy and social influence) and independent variable (Adopton of e-payment). However, other variables (culture, perceived security and performance expectancy) were not significant with adoption of e-payment. Therefore, the study approves effort expectancy and social influence has a significant relationship with adoption of e-payment. Therefore, companies today that do business using electronic payment system as the medium to complete the transaction must focus more on this two variable to increase the number of people use this payment system. The increasing the number of people use this payment system will contribute to excellent result for e-commerce because e-payment system is one of the factor e-commerce becomes successful and it will give good impact to our nation’s economy.

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