Authors : Mohammad Auwal Kabir, Siti Zabedah Saidin and Aidi Ahmi
Abstract: Electronic Payment System (EPS) has become the most acceptable means of payments in today’s financial transactions across the world. This is due to its efficiency, convenience and timeliness. For this reason, EPS studies had attracted different scholars around the globe n conducted in different parts of the world to examine the extent of electronic payment system adoption and the influencing factors that leads to its adoption at both individuals and organizational levels. In view of this, this study aims to make an extensive literature review on prior studies that relates to e-Payment adoption with a view to examine and analyze the most influencing factors that contributes to its adoption. In addition, the study will analyze the context, methodology and the models used in such prior studies. To achieve the stated objective an extensive literature search on e-Payment adoption studies was carried out in searching for e-Payment adoption studies that were published between the years 2010-2016. To facilitate the understanding of the issue under study all past studies were analyzed based on the independent variables (influencing factors) context-location of the study, theories/Information System (IS) models adopted and the methodology used. Finally, the study has found among others that trust, ease of use, usefulness, security, convenience, cost, benefit, awareness and attitude are the most recurring factors that influences e-Payment adoption in prior studies.
Mohammad Auwal Kabir, Siti Zabedah Saidin and Aidi Ahmi, 2017. Analysis of Factors that Influence Electronic Payment Adoption. Journal of Engineering and Applied Sciences, 12: 6560-6568.