Receptiveness Of Internet Banking By Malaysian Consumers: The Case Of Penang

This is a study about Internet banking acceptance in Malaysia. Due to the impending liberalization, Malaysian banks are desperately embracing this new distribution channel to prepare themselves for the competition which is looming in the near future. Although the awareness level is high, this has...

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Main Authors: T. Ramayah, T. Ramayah, Muhamad Jantan, Muhamad Jantan, Mohd Noor, Mohd Nasser, Koay, Pei Ling
Format: Article
Language:English
Published: Asian Academy of Management (AAM) 2003
Subjects:
Online Access:http://eprints.usm.my/35614/
http://eprints.usm.my/35614/1/AAMJ_8-2-1.pdf
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author T. Ramayah, T. Ramayah
Muhamad Jantan, Muhamad Jantan
Mohd Noor, Mohd Nasser
Koay, Pei Ling
author_facet T. Ramayah, T. Ramayah
Muhamad Jantan, Muhamad Jantan
Mohd Noor, Mohd Nasser
Koay, Pei Ling
author_sort T. Ramayah, T. Ramayah
building USM Institutional Repository
collection Online Access
description This is a study about Internet banking acceptance in Malaysia. Due to the impending liberalization, Malaysian banks are desperately embracing this new distribution channel to prepare themselves for the competition which is looming in the near future. Although the awareness level is high, this has not translated into actual use as only 23% have had some Internet banking experience. Security, availability of infrastructure and complexity of technology were main concerns reported by the respondents which is hindering the migration from traditional banking to Internet banking. In terms of external variables only prior experience and external pressure has been found to influence the intention to use. Perceived ease of use and perceived usefulness has been found to be significantly related to intention and perceived usefulness has been found to be a better predictor of intention to use compared to ease of use. In short it can be concluded that perceived usefulness is the driver of the intention to use Internet banking. The implications of this research is further explored.
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institution Universiti Sains Malaysia
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language English
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publishDate 2003
publisher Asian Academy of Management (AAM)
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spelling usm-356142017-07-13T08:38:46Z http://eprints.usm.my/35614/ Receptiveness Of Internet Banking By Malaysian Consumers: The Case Of Penang T. Ramayah, T. Ramayah Muhamad Jantan, Muhamad Jantan Mohd Noor, Mohd Nasser Koay, Pei Ling HD28-70 Management. Industrial Management This is a study about Internet banking acceptance in Malaysia. Due to the impending liberalization, Malaysian banks are desperately embracing this new distribution channel to prepare themselves for the competition which is looming in the near future. Although the awareness level is high, this has not translated into actual use as only 23% have had some Internet banking experience. Security, availability of infrastructure and complexity of technology were main concerns reported by the respondents which is hindering the migration from traditional banking to Internet banking. In terms of external variables only prior experience and external pressure has been found to influence the intention to use. Perceived ease of use and perceived usefulness has been found to be significantly related to intention and perceived usefulness has been found to be a better predictor of intention to use compared to ease of use. In short it can be concluded that perceived usefulness is the driver of the intention to use Internet banking. The implications of this research is further explored. Asian Academy of Management (AAM) 2003 Article PeerReviewed application/pdf en http://eprints.usm.my/35614/1/AAMJ_8-2-1.pdf T. Ramayah, T. Ramayah and Muhamad Jantan, Muhamad Jantan and Mohd Noor, Mohd Nasser and Koay, Pei Ling (2003) Receptiveness Of Internet Banking By Malaysian Consumers: The Case Of Penang. Asian Academy of Management Journal (AAMJ), 8 (2). pp. 1-29. ISSN 1394-2603 http://web.usm.my/aamj/8.2.2003/AAMJ%208-2-1.pdf
spellingShingle HD28-70 Management. Industrial Management
T. Ramayah, T. Ramayah
Muhamad Jantan, Muhamad Jantan
Mohd Noor, Mohd Nasser
Koay, Pei Ling
Receptiveness Of Internet Banking By Malaysian Consumers: The Case Of Penang
title Receptiveness Of Internet Banking By Malaysian Consumers: The Case Of Penang
title_full Receptiveness Of Internet Banking By Malaysian Consumers: The Case Of Penang
title_fullStr Receptiveness Of Internet Banking By Malaysian Consumers: The Case Of Penang
title_full_unstemmed Receptiveness Of Internet Banking By Malaysian Consumers: The Case Of Penang
title_short Receptiveness Of Internet Banking By Malaysian Consumers: The Case Of Penang
title_sort receptiveness of internet banking by malaysian consumers: the case of penang
topic HD28-70 Management. Industrial Management
url http://eprints.usm.my/35614/
http://eprints.usm.my/35614/
http://eprints.usm.my/35614/1/AAMJ_8-2-1.pdf