Factors influencing the adoption of mobile financial services in the unbanked population

Simple item page
dc.contributor.authorLema, Aulelius
dc.date.accessioned2020-01-14T10:05:41Z
dc.date.available2020-01-14T10:05:41Z
dc.date.issued2017-01
dc.descriptionPeer reviewed article published under Inkanyiso journal, Volume 9 Number 1, Jan 2017, p. 37 – 51en_US
dc.description.abstractTo deliver financial services to the poor has remained a challenge for many decades. However, the growth of technology has emerged as a key solution of financial service delivery to the poor. Financial services delivery through mobile phone platforms can be provided where formal financial institution like banks cannot reach. Despite these developments, the use of these services by the poor in the unbanked areas is very low. This study investigated the factors influencing the adoption of mobile financial services in the unbanked population. We employed a cross-sectional design by collecting data at a single point in time. We used six variables in the study based on the Technology Acceptance Model, TAM. The variables were Perceived usefulness, Perceived ease of use, Perceived trust, Perceived cost, Perceived risk and Social influence. The construct validity of the measurement items was established by using confirmatory factor analysis conducted using Structural Equation Modelling (SEM) and the reliability was established by using Cronbach’s Alpha coefficient. The hypothesis was tested by using multiple regression analysis. The sample size used was 250 respondents selected from the study area. The study revealed that perceived usefulness, perceived cost and social influence had a significant influence on the adoption of mobile financial services. Perceived ease of use, perceived risk and perceived trust were found to have an insignificant influence on the adoption of mobile financial services. The implication of the findings forms the basis for product or service development, pricing, marketing and policy formulation. In this study we recommend a longitudinal research to be conducted in order to understand the influences of the adoption behaviour at different level of market maturity and points of time.en_US
dc.identifier.citationLema, A., 2017. Factors influencing the adoption of mobile financial services in the unbanked population. Inkanyiso: Journal of Humanities and Social Sciences, 9(1), pp.37-51.en_US
dc.identifier.issn2077-2815
dc.identifier.urihttps://hdl.handle.net/10530/1880
dc.identifier.urihttps://hdl.handle.net/10520/EJC-c89db6bb0
dc.language.isoenen_US
dc.publisherUniversity of Zululanden_US
dc.subjectMobile financial servicesen_US
dc.subjectAdoptionen_US
dc.subjectTanzaniaen_US
dc.titleFactors influencing the adoption of mobile financial services in the unbanked populationen_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Factors influencing the sdoption of mobile financial services in the unbanked population.pdf
Size:
232.52 KB
Format:
Adobe Portable Document Format
Description:
Factors influencing the adoption of mobile financial services in the unbanked population
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Articles