A study of user’s m-wallet usage behavior: The role of long-term orientation and perceived value

Understanding which factors are important to consumers when deciding to use a mobile wallet and how these factors influence users’ commitment and recommendation is important because the demand for cashless transactions has increased worldwide in recent years, especially developing countries like Vie...

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Autores principales: Nguyen Tran Le Na, Nguyen Ngoc Hien
Formato: article
Lenguaje:EN
Publicado: Taylor & Francis Group 2021
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Acceso en línea:https://doaj.org/article/b62cdcdc02bc414582a193b41ba22c15
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spelling oai:doaj.org-article:b62cdcdc02bc414582a193b41ba22c152021-12-02T18:21:19ZA study of user’s m-wallet usage behavior: The role of long-term orientation and perceived value2331-197510.1080/23311975.2021.1899468https://doaj.org/article/b62cdcdc02bc414582a193b41ba22c152021-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2021.1899468https://doaj.org/toc/2331-1975Understanding which factors are important to consumers when deciding to use a mobile wallet and how these factors influence users’ commitment and recommendation is important because the demand for cashless transactions has increased worldwide in recent years, especially developing countries like Vietnam. This study develops a research model and tests hypotheses related to the antecendents (personal innovativeness, perceived risk, perceived ease of use and long-term orientation) and the outcomes (commitment and recommendation) of perceived value. The technology acceptance model (TAM), the diffusion of innovation theory (DOI), the theory of perceived risk (TPB) and the perceived value model (PERVAL) were used to build the research model. With a sample of 320 consumers using mobile wallets in Vietnam, a Structural Equation Model (SEM) was used to test the hypotheses. The findings show that personal innovativeness, perceived risk, perceived ease of use and long-term orientation are the factors that significantly influence the perceived value of mobile wallet users. Also, the findings show that perceived value has positive impacts on user’s commitment and recommendation to use a m-wallet. The study supports m-wallet service providers to understand how to increase mobile wallet user’s commitment and recommendation to others.Nguyen Tran Le NaNguyen Ngoc HienTaylor & Francis Grouparticlecommitmentemotional valuefunctional valuesocial valuerecommedation to useBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 8, Iss 1 (2021)
institution DOAJ
collection DOAJ
language EN
topic commitment
emotional value
functional value
social value
recommedation to use
Business
HF5001-6182
Management. Industrial management
HD28-70
spellingShingle commitment
emotional value
functional value
social value
recommedation to use
Business
HF5001-6182
Management. Industrial management
HD28-70
Nguyen Tran Le Na
Nguyen Ngoc Hien
A study of user’s m-wallet usage behavior: The role of long-term orientation and perceived value
description Understanding which factors are important to consumers when deciding to use a mobile wallet and how these factors influence users’ commitment and recommendation is important because the demand for cashless transactions has increased worldwide in recent years, especially developing countries like Vietnam. This study develops a research model and tests hypotheses related to the antecendents (personal innovativeness, perceived risk, perceived ease of use and long-term orientation) and the outcomes (commitment and recommendation) of perceived value. The technology acceptance model (TAM), the diffusion of innovation theory (DOI), the theory of perceived risk (TPB) and the perceived value model (PERVAL) were used to build the research model. With a sample of 320 consumers using mobile wallets in Vietnam, a Structural Equation Model (SEM) was used to test the hypotheses. The findings show that personal innovativeness, perceived risk, perceived ease of use and long-term orientation are the factors that significantly influence the perceived value of mobile wallet users. Also, the findings show that perceived value has positive impacts on user’s commitment and recommendation to use a m-wallet. The study supports m-wallet service providers to understand how to increase mobile wallet user’s commitment and recommendation to others.
format article
author Nguyen Tran Le Na
Nguyen Ngoc Hien
author_facet Nguyen Tran Le Na
Nguyen Ngoc Hien
author_sort Nguyen Tran Le Na
title A study of user’s m-wallet usage behavior: The role of long-term orientation and perceived value
title_short A study of user’s m-wallet usage behavior: The role of long-term orientation and perceived value
title_full A study of user’s m-wallet usage behavior: The role of long-term orientation and perceived value
title_fullStr A study of user’s m-wallet usage behavior: The role of long-term orientation and perceived value
title_full_unstemmed A study of user’s m-wallet usage behavior: The role of long-term orientation and perceived value
title_sort study of user’s m-wallet usage behavior: the role of long-term orientation and perceived value
publisher Taylor & Francis Group
publishDate 2021
url https://doaj.org/article/b62cdcdc02bc414582a193b41ba22c15
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