The relative importance of trust and usable website design in building e-loyalty intention on internet banking : a case of Maybank2U.com

In e-commerce, loyal customers are considered extremely valuable. The high cost of attracting new customers on the Internet and the relative difficulty in retaining them make customer loyalty an essential asset for many banks. Since online transactions involve many uncertainties for the customer...

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Main Author: Abdul Hamid, Nor Aziati
Format: Thesis
Language:English
Published: 2005
Subjects:
Online Access:http://eprints.uthm.edu.my/9861/
http://eprints.uthm.edu.my/9861/1/24p%20NOR%20AZIATI%20ABDUL%20HAMID.pdf
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author Abdul Hamid, Nor Aziati
author_facet Abdul Hamid, Nor Aziati
author_sort Abdul Hamid, Nor Aziati
building UTHM Institutional Repository
collection Online Access
description In e-commerce, loyal customers are considered extremely valuable. The high cost of attracting new customers on the Internet and the relative difficulty in retaining them make customer loyalty an essential asset for many banks. Since online transactions involve many uncertainties for the customer and most of the Internet banking offers the same product as the other competitor, it is crucial for banks to recognize the key factor that can tie their existing customer become a loyal customer an change the web surfers into purchaser. Despite of increasing usage of Internet Shopping and banking, the literature only portray little effort of empirical research has addressed the role of quality Internet websites design and customer online trust in forming consumers' intentions to revisits or repurchase particular products or at particular banks within the context of customer relationship management. This empirical study was performed to measure relative importance of two different factor that is most cited as a critical success factor for ecommerce environment; usable website design and trust elements on the website. The study specifically focuses on Maybank2u.com users and sample for the study was drawn among academician and students of three different faculties in UiTM Shah Alam. The results of the empirical analysis confirmed that the trust of the user increases when the user perceived that the website was usable and that there was a consequent increase in the degree of website loyalty
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spelling uthm-98612023-09-13T07:25:52Z http://eprints.uthm.edu.my/9861/ The relative importance of trust and usable website design in building e-loyalty intention on internet banking : a case of Maybank2U.com Abdul Hamid, Nor Aziati HG Finance HG1501-3550 Banking In e-commerce, loyal customers are considered extremely valuable. The high cost of attracting new customers on the Internet and the relative difficulty in retaining them make customer loyalty an essential asset for many banks. Since online transactions involve many uncertainties for the customer and most of the Internet banking offers the same product as the other competitor, it is crucial for banks to recognize the key factor that can tie their existing customer become a loyal customer an change the web surfers into purchaser. Despite of increasing usage of Internet Shopping and banking, the literature only portray little effort of empirical research has addressed the role of quality Internet websites design and customer online trust in forming consumers' intentions to revisits or repurchase particular products or at particular banks within the context of customer relationship management. This empirical study was performed to measure relative importance of two different factor that is most cited as a critical success factor for ecommerce environment; usable website design and trust elements on the website. The study specifically focuses on Maybank2u.com users and sample for the study was drawn among academician and students of three different faculties in UiTM Shah Alam. The results of the empirical analysis confirmed that the trust of the user increases when the user perceived that the website was usable and that there was a consequent increase in the degree of website loyalty 2005-11 Thesis NonPeerReviewed text en http://eprints.uthm.edu.my/9861/1/24p%20NOR%20AZIATI%20ABDUL%20HAMID.pdf Abdul Hamid, Nor Aziati (2005) The relative importance of trust and usable website design in building e-loyalty intention on internet banking : a case of Maybank2U.com. Masters thesis, Universiti Teknologi Malaysia.
spellingShingle HG Finance
HG1501-3550 Banking
Abdul Hamid, Nor Aziati
The relative importance of trust and usable website design in building e-loyalty intention on internet banking : a case of Maybank2U.com
title The relative importance of trust and usable website design in building e-loyalty intention on internet banking : a case of Maybank2U.com
title_full The relative importance of trust and usable website design in building e-loyalty intention on internet banking : a case of Maybank2U.com
title_fullStr The relative importance of trust and usable website design in building e-loyalty intention on internet banking : a case of Maybank2U.com
title_full_unstemmed The relative importance of trust and usable website design in building e-loyalty intention on internet banking : a case of Maybank2U.com
title_short The relative importance of trust and usable website design in building e-loyalty intention on internet banking : a case of Maybank2U.com
title_sort relative importance of trust and usable website design in building e-loyalty intention on internet banking : a case of maybank2u.com
topic HG Finance
HG1501-3550 Banking
url http://eprints.uthm.edu.my/9861/
http://eprints.uthm.edu.my/9861/1/24p%20NOR%20AZIATI%20ABDUL%20HAMID.pdf