Table 1 Recent research on mobile payment adoption
From: Examining user behavior with machine learning for effective mobile peer-to-peer payment adoption
References | Theory | Results |
|---|---|---|
Patil et al. (2017) | Extended UTAUT | The results revealed that performance expectancy and perceived usefulness, followed by perceived ease of use, are the factors influencing consumers' positive behavioural intention towards mobile payment services, while perceived risk emerges as the main inhibitor |
Jun et al. (2018) | VAM | Compatibility, simplicity, and economic value have an impact on users’ perceived value and the perceived value has an impact on the intention of continued use of mobile payments |
Moorthy et al. (2020) | UTAUT2 | The study revealed that performance expectancy, facilitating conditions, hedonic motivation, and perceived security are significant in mobile payment adoption. However, effort expectancy and social influence are not significant |
Liébana-Cabanillas et al. (2019) | Mixed model | The results show that satisfaction, service quality, effort expectancy, and perceived risk are determining factors of the continuance intention to use mobile payment applications |
Flavián et al. (2020) | Extended TAM | The results showed that mindfulness, perceived ease of use, perceived usefulness, subjective norms, and attitude have a significant influence on mobile payment use intention |
Wu et al. (2021) | UTAUT2 + ITM + TTF | The study found that initial trust, performance expectancy, effort expectancy, facilitating conditions, price value, task technology fit, and initial trust have significant effects on use intention |
Rafdinal and Senalasari (2021) | Extended TAM | Technology Readiness Index constructs affect perceived usefulness and perceived ease of use, except for discomfort which has no significant effect on the perceived usefulness. In addition, attitude is influenced by two main TAM variables: perceived usefulness and perceived ease of use. Meanwhile, the intention to use mobile payment applications is influenced by attitude |
Türker et al. (2022) | Extended TAM | Perceived usefulness, trust and compatibility positively and significantly affect IU, while PS has a negative and significant impact |
Migliore et al. (2022) | UTAUT2 + IRT | The proposed theoretical model identified performance expectancy, social influence, facilitating conditions, hedonic motivations, and effort expectancy as significant antecedents of the intended use of mobile payment |
Bailey et al. (2022) | UTAUT2 | Performance expectancy, social influence, bank trust, confidence in MP system and consumer innovativeness all impact consumers’ MP use intention; and use intention impacts MP behaviour |
Liébana-Cabanillas et al. (2022a) | Extended TAM | The results revealed that, of the three proposed antecedents, perceived usefulness is the most important, followed by attitude and perceived security |