Rural Consumers’ Financial Literacy and Access to FinTech Services
Morshadul Hasan (),
Thuhid Noor (),
Jiechao Gao (),
Muhammad Usman () and
Mohammad Zoynul Abedin ()
Additional contact information
Morshadul Hasan: Murdoch University
Thuhid Noor: University of Manitoba
Jiechao Gao: University of Virginia
Muhammad Usman: Nanjing Audit University
Mohammad Zoynul Abedin: Teesside University
Journal of the Knowledge Economy, 2023, vol. 14, issue 2, No 9, 780-804
Abstract:
Abstract The study aims to show the impact of financial knowledge among rural consumers’ access to financial technology services. In general, knowledge regarding any particular fact helps consumers to select or reject different options. Therefore, knowledge regarding financial services is considered a factor that influences access to financial technology services. This study carries out a survey-oriented method with a structured questionnaire. According to the data category, this study uses three well-known econometric models: logistic regression, probit regression, and complementary log–log regression, have been experimented. This study finds that knowledge regarding various factors significantly impact on access to financial technology services. Mainly, this study has important practical significance for the use of rural finance and financial technology in rural areas, which affects the entire economy.
Keywords: Financial knowledge; Financial literacy; FinTech access; Financial inclusion in Bangladesh; Rural finance; Inclusive finance; D1; D9; G2; G4; G5; O2; R1 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://link.springer.com/10.1007/s13132-022-00936-9 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:jknowl:v:14:y:2023:i:2:d:10.1007_s13132-022-00936-9
Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/13132
DOI: 10.1007/s13132-022-00936-9
Access Statistics for this article
Journal of the Knowledge Economy is currently edited by Elias G. Carayannis
More articles in Journal of the Knowledge Economy from Springer, Portland International Center for Management of Engineering and Technology (PICMET)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().