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Carrot or Stick: Impact of Pandemic on M-Payment Adoption—Evidence from Emerging Market

Avinash Shivdas, Sougata Ray, Dileep G. Menon () and Rojalin Patri
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Avinash Shivdas: Amrita School of Business, Amrita Vishwa Vidyapeetham, Amritapuri
Sougata Ray: International Management Institute
Dileep G. Menon: Narsee Monjee Institute of Management Studies
Rojalin Patri: Amrita School of Business, Amrita Vishwa Vidyapeetham, Kochi

Chapter Chapter 4 in Digital Economy Post COVID-19 Era, 2023, pp 61-82 from Springer

Abstract: Abstract This research aims to examine the antecedent and consequent conditions of the widespread use of mobile payment services in developing economies. To achieve this goal, a pre- and post-covid survey of Google Pay users has been conducted to collect data on the prevalence of the digital payment system. The information was examined using partial least squares structural equation modeling (PLS-SEM). Based on the results, it is evident that users no longer care about issues like trust, confidentiality, and the security of their personal and financial information, which were significant concerns for their acceptance of the app before the advent of covid. Similarly, factors like app performance, ease of use, habit, and social influence that were not previously primary in deciding a user’s inclination to adopt the app are now critical. This may be due to the inevitability of using these apps for monetary transactions throughout and after the covid pandemic.

Keywords: Mobile payments; UTAUT; TTF; COVID-19; Behavioral intention (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-981-99-0197-5_4

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DOI: 10.1007/978-981-99-0197-5_4

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