A cashless society: Understanding adoption of new technology

Bibliographic Details
Format: Restricted Document
_version_ 1860796872752365568
building INTELEK Repository
collection Online Access
collectionurl https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072
date 2021-06-15 04:40:04
eventvenue Virtual
format Restricted Document
id 10506
institution UniSZA
originalfilename 4535-01-FH03-FPP-21-53289.pdf
person Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML
like Gecko) Chrome/91.0.4472.77 Safari/537.36
recordtype oai_dc
resourceurl https://intelek.unisza.edu.my/intelek/pages/view.php?ref=10506
spelling 10506 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=10506 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Conference Conference Paper application/pdf 4 1.6 Adobe Acrobat Pro DC 20 Paper Capture Plug-in Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML like Gecko) Chrome/91.0.4472.77 Safari/537.36 2021-06-15 04:40:04 4535-01-FH03-FPP-21-53289.pdf UniSZA Private Access A cashless society: Understanding adoption of new technology This study intends to show the effectiveness of Confirmatory Analysis (CFA), Exploratory Factor Analysis (EFA) and Stepwise Analysis for the assessing technology readiness indicator sources on digital wallet adoption. The data was collected among 133 Higher Education Degree students in Public University in Terengganu, Malaysia using simple random sample approach in January 2020. The method of EFA has identified technology readiness constructs were divided into drivers and inhibitors for adoption of the digital wallet. The result shows the drivers factors were derived from optimization and self- assurance; while the inhibitor factors were derived from discomfort and insecurity. Next, CFA was performed to confirm the measurement model. Lastly, via stepwise analysis, the finding shows optimization and discomfort construct were observed to be a significant factors of digital wallet adoption. These findings enable telecommunication service providers or marketing practitioners to get insights of strategies to increase adoption rates of mobile wallet segment. The new finding in this study were self-assurance contrast to previous finding construct namely innovativeness. Meanwhile, CFA showed a good model fit after excluding the items with factor loading lower than 0.5. This finding was very useful to marketing practitioners in the design of promotional campaign on digital wallet. IConGDM 2020 Virtual
spellingShingle A cashless society: Understanding adoption of new technology
summary This study intends to show the effectiveness of Confirmatory Analysis (CFA), Exploratory Factor Analysis (EFA) and Stepwise Analysis for the assessing technology readiness indicator sources on digital wallet adoption. The data was collected among 133 Higher Education Degree students in Public University in Terengganu, Malaysia using simple random sample approach in January 2020. The method of EFA has identified technology readiness constructs were divided into drivers and inhibitors for adoption of the digital wallet. The result shows the drivers factors were derived from optimization and self- assurance; while the inhibitor factors were derived from discomfort and insecurity. Next, CFA was performed to confirm the measurement model. Lastly, via stepwise analysis, the finding shows optimization and discomfort construct were observed to be a significant factors of digital wallet adoption. These findings enable telecommunication service providers or marketing practitioners to get insights of strategies to increase adoption rates of mobile wallet segment. The new finding in this study were self-assurance contrast to previous finding construct namely innovativeness. Meanwhile, CFA showed a good model fit after excluding the items with factor loading lower than 0.5. This finding was very useful to marketing practitioners in the design of promotional campaign on digital wallet.
title A cashless society: Understanding adoption of new technology
title_full A cashless society: Understanding adoption of new technology
title_fullStr A cashless society: Understanding adoption of new technology
title_full_unstemmed A cashless society: Understanding adoption of new technology
title_short A cashless society: Understanding adoption of new technology
title_sort cashless society: understanding adoption of new technology