1. Predicting intention to adopt mobile card payment service
- Author
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김효정 ( Hyo-jung Kim ) and 이진명 ( Jin-myong Lee )
- Subjects
Service (business) ,Descriptive statistics ,media_common.quotation_subject ,05 social sciences ,Cognition ,Payment ,Confirmatory factor analysis ,Structural equation modeling ,Risk perception ,0502 economics and business ,Mobile payment ,050211 marketing ,Psychology ,Social psychology ,050203 business & management ,media_common - Abstract
The use of mobile payment services has recently increased in South Korea. Mobile payments allow consumers to purchase items digitally, using a mobile card in an app affiliated with a payment service. This study explores the predictors of intention to adopt mobile payment services. The study employed an A(affective)-B(behavioral)-C(cognitive) model with two antecedent variables: cognitive (perceived usefulness, perceived risk, perceived ease of use, and perceived herding behavior) and affective (satisfaction with the status quo, innovation resistance) responses. An online survey of 405 non-users of mobile payment services aged 20 to 49 years was conducted. The study used SPSS 23.0 for descriptive analysis and Amos 23.0 for confirmatory factor analysis and structural equation modelling. The results are as follows. First, perceived usefulness, perceived risk, and perceived herding behavior significantly influenced innovation resistance. Second, perceived herding behavior significantly influenced subjective norms. Third, innovation resistance and subjective norms significantly influenced the intention to adopt mobile payment services. The findings suggest that the A-B-C model can be useful in understanding consumers’ adoption and resistance behaviors and that cognitive and affective responses are important antecedent variables affecting the decision to adopt mobile payment services.
- Published
- 2020
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