IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Electronic Payment Performance: A Trend and Contextual Analysis of Its Social Impact on Secured E-Payment in 2016-19

Electronic Payment Performance: A Trend and Contextual Analysis of Its Social Impact on Secured E-Payment in 2016-19
View Sample PDF
Author(s): YouBin Yu (HELP University, Malaysia)and Tinfah Chung (HELP University, Malaysia)
Copyright: 2022
Pages: 33
Source title: Handbook of Research on Social Impacts of E-Payment and Blockchain Technology
Source Author(s)/Editor(s): P.C. Lai (University Malaya, Kuala Lumpur, Malaysia)
DOI: 10.4018/978-1-7998-9035-5.ch012

Purchase


Abstract

The increasing speed of e-payment adoption is driven by multiple factors: Generation Z (individuals born between 1990s to early 2010s), easy payment methods, open banking ecosystem, rewards incentive, network, and the onset of COVID-19 in 2020. The Malaysian government hopes through collaboration with banks and payments industries to reach a cashless society, leveraging on the existing infrastructure to accelerate the migration to e-payments. The problems that emerge in a cashless society and secured e-payment need to be well considered by the related parties, particularly the policymakers and regulators, to position Malaysia on the right path to embark on the most advanced global trend. Therefore, this chapter aims through contextual analysis to investigate the trend performance and social impact on secured electronic payment (e-payment) in Malaysia during the period of 2016-20.

Related Content

Simriti Popli, Gabriel Wasswa. © 2024. 12 pages.
Pooja Lekhi. © 2024. 8 pages.
Shailey Singh. © 2024. 12 pages.
Shailey Singh. © 2024. 9 pages.
Tanuj Surve, Tuan Nguyen. © 2024. 17 pages.
Pawan Kumar, Sanjay Taneja, Mukul Bhatnagar, Arvinder K. Kaur. © 2024. 17 pages.
Azadeh Eskandarzadeh. © 2024. 15 pages.
Body Bottom