Factors Influencing Malaysian University Students' Intention to Use Online Payment Systems : An Application of the Extended Perceived Value Theory

The current study aims to investigate the factors influencing the adoption of online payment systems among university students in Malaysia by extending the Perceived Value Theory (PVT). The research model incorporates perceived functional value, perceived social value, trust, and personal innovative...

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Main Authors: Yang, Tian, Chan, Tak Jie, Asmaul Husna, Haris Fadzilah, Ng, Miew Luan, Sharifah Sofiah, Syed Zainudin, Farhana Muslim, Mohd Jalis
Format: Article
Language:English
Published: Journal of Logistics, Informatics and Service Science (JLISS) 2024
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Online Access:http://ir.unimas.my/id/eprint/46034/3/Factors%20Influencing%20Malaysian.pdf
http://ir.unimas.my/id/eprint/46034/
https://www.aasmr.org/liss/Vol.11/No.9/
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spelling my.unimas.ir.460342024-09-13T02:03:09Z http://ir.unimas.my/id/eprint/46034/ Factors Influencing Malaysian University Students' Intention to Use Online Payment Systems : An Application of the Extended Perceived Value Theory Yang, Tian Chan, Tak Jie Asmaul Husna, Haris Fadzilah Ng, Miew Luan Sharifah Sofiah, Syed Zainudin Farhana Muslim, Mohd Jalis H Social Sciences (General) The current study aims to investigate the factors influencing the adoption of online payment systems among university students in Malaysia by extending the Perceived Value Theory (PVT). The research model incorporates perceived functional value, perceived social value, trust, and personal innovativeness as predictors of attitude, which in turn influences the intention to use online payment systems. A quantitative research design was employed, and data were collected from 395 university students in Malaysia using an online survey. The results, analyzed using PLS-SEM, revealed that perceived functional value, perceived social value, and trust significantly influence attitude, while personal innovativeness does not. Furthermore, attitude was found to be a significant predictor of the intention to use online payment systems. The findings provide valuable insights for online payment service providers and policymakers to promote the adoption of cashless payment methods among university students. However, the study has limitations, such as the cross-sectional design and the focus on a specific population, which future research should address. Keywords: Attitude, intention to use, online payment systems, Perceived Value Theory, personal innovativeness, trust, Industry, innovation and infrastructure Journal of Logistics, Informatics and Service Science (JLISS) 2024 Article PeerReviewed text en http://ir.unimas.my/id/eprint/46034/3/Factors%20Influencing%20Malaysian.pdf Yang, Tian and Chan, Tak Jie and Asmaul Husna, Haris Fadzilah and Ng, Miew Luan and Sharifah Sofiah, Syed Zainudin and Farhana Muslim, Mohd Jalis (2024) Factors Influencing Malaysian University Students' Intention to Use Online Payment Systems : An Application of the Extended Perceived Value Theory. Journal of Logistics, Informatics and Service Science, 11 (9). pp. 19-36. ISSN 2409-2665 https://www.aasmr.org/liss/Vol.11/No.9/ DOI:10.33168/JLISS.2024.0902
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic H Social Sciences (General)
spellingShingle H Social Sciences (General)
Yang, Tian
Chan, Tak Jie
Asmaul Husna, Haris Fadzilah
Ng, Miew Luan
Sharifah Sofiah, Syed Zainudin
Farhana Muslim, Mohd Jalis
Factors Influencing Malaysian University Students' Intention to Use Online Payment Systems : An Application of the Extended Perceived Value Theory
description The current study aims to investigate the factors influencing the adoption of online payment systems among university students in Malaysia by extending the Perceived Value Theory (PVT). The research model incorporates perceived functional value, perceived social value, trust, and personal innovativeness as predictors of attitude, which in turn influences the intention to use online payment systems. A quantitative research design was employed, and data were collected from 395 university students in Malaysia using an online survey. The results, analyzed using PLS-SEM, revealed that perceived functional value, perceived social value, and trust significantly influence attitude, while personal innovativeness does not. Furthermore, attitude was found to be a significant predictor of the intention to use online payment systems. The findings provide valuable insights for online payment service providers and policymakers to promote the adoption of cashless payment methods among university students. However, the study has limitations, such as the cross-sectional design and the focus on a specific population, which future research should address. Keywords: Attitude, intention to use, online payment systems, Perceived Value Theory, personal innovativeness, trust, Industry, innovation and infrastructure
format Article
author Yang, Tian
Chan, Tak Jie
Asmaul Husna, Haris Fadzilah
Ng, Miew Luan
Sharifah Sofiah, Syed Zainudin
Farhana Muslim, Mohd Jalis
author_facet Yang, Tian
Chan, Tak Jie
Asmaul Husna, Haris Fadzilah
Ng, Miew Luan
Sharifah Sofiah, Syed Zainudin
Farhana Muslim, Mohd Jalis
author_sort Yang, Tian
title Factors Influencing Malaysian University Students' Intention to Use Online Payment Systems : An Application of the Extended Perceived Value Theory
title_short Factors Influencing Malaysian University Students' Intention to Use Online Payment Systems : An Application of the Extended Perceived Value Theory
title_full Factors Influencing Malaysian University Students' Intention to Use Online Payment Systems : An Application of the Extended Perceived Value Theory
title_fullStr Factors Influencing Malaysian University Students' Intention to Use Online Payment Systems : An Application of the Extended Perceived Value Theory
title_full_unstemmed Factors Influencing Malaysian University Students' Intention to Use Online Payment Systems : An Application of the Extended Perceived Value Theory
title_sort factors influencing malaysian university students' intention to use online payment systems : an application of the extended perceived value theory
publisher Journal of Logistics, Informatics and Service Science (JLISS)
publishDate 2024
url http://ir.unimas.my/id/eprint/46034/3/Factors%20Influencing%20Malaysian.pdf
http://ir.unimas.my/id/eprint/46034/
https://www.aasmr.org/liss/Vol.11/No.9/
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score 13.211869