Asia pacific journal of information systems

The Korea Society of Management Information Systems (한국경영정보학회)
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Theoretical Grounding of Perceived Risk in Adoption of Mobile Payment System and Behavioural Intention

  • Bharti Ramtiyal (Department of Management Studies, Malaviya National Institute of Technology Jaipur) ;
  • Deepak Verma (Department of Management Studies Malaviya National Institute of Technology Jaipur Rajasthan) ;
  • Ajay Pal Singh Rathore (Department of Management Studies Malaviya National Institute of Technology Jaipur Rajasthan)
  • Received : 2021.06.30
  • Accepted : 2021.10.01
  • Published : 2021.12.31
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Abstract

This study focuses on a better understanding of the importance of risk perception in adopting Mobile Payment Systems (MPS) by conducting a systematic literature review. From the social science field (using Scopus and Web of Science database) articles were selected. Overall, forty-four significant pieces were determined using a systematic methodology. In addition to providing a summary of the most used theories used to address perceived risk in MPS this paper also investigates the definition for the perceived risk in MPS literature. The study is performed through the identification of dominant theories used to explain perceived risk in the literature. The article gives a thematic analysis of theories and the relation of perceived risk with behavioural intention. As far as we know, this is the first effort of its kind to give a holistic, systematic literature review in light of perceived risk in MPS. Consequently, it is a crucial first step in establishing a solid theoretical framework involving the constructs of perceived risk and laying the groundwork for future research in this area.

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References

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