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http://dx.doi.org/10.13106/jafeb.2020.vol7.n10.295

Factors Affecting the Behavioral Intention and Behavior of Using E-Wallets of Youth in Vietnam  

PHAN, Trong Nhan (Industrial University of Ho Chi Minh City)
HO, Truc Vi (Industrial University of Ho Chi Minh City)
LE-HOANG, Phuong Viet (Graduate School, Ho Chi Minh City Open University)
Publication Information
The Journal of Asian Finance, Economics and Business / v.7, no.10, 2020 , pp. 295-302 More about this Journal
Abstract
The study examines an empirical case that explores the key constructs of the Unified Theory of Acceptance and Use of Technology (UTAUT) (Venkatesh, Morris, Davis & Davis, 2003) and the relationship between security and privacy of the Theory of Perceived Risk (TPR) (Bauer, 1960). This study employs survey data of 200 young Internet users aged 18 to 25. The study was conducted through two steps: preliminary research by qualitative research method to form the official research scale then formal research by quantitative research method using CFA and SEM to test the research model. The research results show that performance expectancy and social influence significantly predict behavioral intention to use e-wallets in payment. In contrast, the factors, namely, security and privacy, and effort expectancy, are statistically insignificant on behavioral intention. Nevertheless, the facilitating conditions factor still affects the behavior of using e-wallets. The study proposes a model to generalize the online payment environment through the integration of UTAUT and TPR models that are important for online payment management and researchers in the technology environment. The findings of this study suggest that social influence significantly affects the intention of young people to use e-wallets instead of security and privacy.
Keywords
Behavioral Intention; E-Wallets; Unified Theory of Acceptance and Use of Technology;
Citations & Related Records
Times Cited By KSCI : 6  (Citation Analysis)
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