Digital Payment Platforms : The Studies
A paper about how specific functional and psychological barriers can lead people to negatively perceive the value of mobile payment platforms could play a role in stopping their intention to adopt or continue using them. The study looked at how people interaction with digital payment platforms, specifically mobile ones, could influence how they see the value of these platforms. One barrier was the idea that these platforms are not very urgent, which can beStatesaid to be an obstacle to someone's adoption intention because it delay their decision-making process. Another barrier was how people see mobile payments as something that is not final and irreversible, which could serve as an obstacle for someone's intentions to adoption or continue using them. Many recommendations could be made in order to help overcome these obstacles and make the use of digital payment platforms more regular for everyone.
A study about some of the community foundations that are accepting cryptocurrencies as gifts has been conducted. It has been found that many of these foundations are starting to accept this type of donation in order to help people who may be struggling financially. This is a welcome development, as it shows that these organizations are taken offshore by cryptocurrency investors, and are therefore unable to provide support to real people.
An inquiry about the possible benefits for electronic cash as a public good Booz Allen Hamilton has found that it could simplify and reduce an average individual's expenditures by up to 50 percent. Furthermore, the lack of demand for physical currency may actually lead to more efficient use of financial resources through reductions in fraud and theft. Would you rather hold cash or use a digital payment platform? With steady increases in commercial digital payments platforms, privacy in payments may not be achievable in the future. In light of this fact, it makes sense for businesses and governments to explore ways to make payments more efficient and secure using electronic means. There are potential benefits to implementing electronic cash protocols, such as simplified spending, reduced fraud and theft, and eliminated need for paper currency.
A study about digital payment platforms has found that the market for digital payment platforms is growing quickly and is filled with a variety of strategies used by businesses to gain an advantage over their competition.Many digital payment platforms are launched as independent services, which makes them relatively difficult for businesses to compete against. However, there are a few popular digital payment platforms that have developed notable partnerships with major companies in order to increase their firepower. One of the most popular digital payment platforms is Square, which partnered with Comcast in order to offer squaretab, a mobile app that allows customers to pay for items using their smartphones. Square received financial backing from Comcast in order to expand its dominance in the digital payments industry.
A paper about consumer behavior intention through trust in digital payment platform was conducted. The researchers found that the effects of perceived security, ease of use, and perceived usefulness on consumerbehavior intention through trust in digital payment platform were studied. They found that increasing the content of users profiles, increasing the ease of use, and increase the perceived usefulness of a digital payment platform increased consumer trust.
A research about the impact of digital payment system on the efficiency of the Nigerian banking sector has been undertaken. Data collected from the Central Bank of Nigeria (CBN) Statistical Bulletin and World Bank indicate that the benefits of a digital payment system are such that overall credit remains more affordable and quick, checked Electronic funds transfer becomes easier, and less duplication in the Payments Module occurs. Overall, this makes it more efficient for businesses to get paid, which has a consequent effect on overall economic performance.
A journal about the feasibility of using a e- Wallet application to paymentwire offerings and inclusion of financial inclusion in the country. In Indonesia, there is a great need for an e-wallet application that can be used by civilians as well as government entities to make payments, as well as offer access to a variety of financial products. However, it is a challenge to have e-wallet service providers offer payment processing services in the country, given that they are not currently required by law. To overcome this obstacle, the Indonesian city of Surabaya decided to start its own e-wallet system called Surabaya Wallet. This system uses the Ruang Pay app which is available on both Android and iOS platforms. With Surabaya Wallet, businesses can accept payments from customers through Ruang Pay which can be used both online and offline. This also opens up new opportunities for financial inclusion in Indonesia which could include creating Pasal Bentuk Kembali (PBT) compliant mobile merchants as well as offering subsidies for those who use Ruang Pay accountablecash system.
A research about e-wallet application penetration for financial inclusion in Indonesia has been conducted. The study showed that common e-wallet service providers such as Google and Bank of Communications Inc. lack adequacy when it comes to customer well-being. This makes it difficult for individuals to penetrate the banking industry, let alone access essential financial services. In addition, government-run e-wallet service providers are often slow in adopting new technologies and processes, making it difficult for consumers to get hold of necessary cards and debit cards.
An article about digital tipping found that consumers and service providers are affected by different tips sequence, paymentvisibility, and default tip options when it comes to digital tipping systems. When it comes to traditional restaurants, customers commonly tip in coins or currency which is then delivered to the employees. However, with the popularity of digital payment platforms like Uber and Airbnb, this relationship has changed and customers now leave tips in different forms such as Waves or Ethereum tokens. According to the study, traditional tipping models makeENSE MORE money for the restaurant because employees are forced to work longer hours for less pay. The study also found that people are more likely to tip in a form of cryptocurrency rather than fiat when it comes to digital payment platforms like Uber and Airbnb. This switch may be due to pressures from customers who believe that they were taken advantage of when using traditional methods. It is also worth noting that although tips can make a big difference in restauraunts' bottom line, they do not always come with a negative stigma. In fact, some restaurants have started offering employee tips as well in an effort to appease customers.
A paper about money in Shenzhen, China from a social perspective gives an interesting perspective into money-bound subjective experiences of the people living in that city. The study looks at how digital money and migrant labour plays a role in shaping working-class subjective experiences of life in Shenzhen. This study reveals some interesting dynamics that arise when money is Y2K relevant, as well as when it outsiders interfere with the citys traditional economy.
A study about the rise and influence of Nairobi as a digital platform hub has shown that this city has become a major player in the production, consumption, and domestication of digital payments platforms such as M-Pesa. Adapting these mobile phone-based applications to its own unique. With its growing economy and rising population, Nairobi is experiencing an increase in innovation and development. This is evident in the number of companies, industries, and startups that have taken root in the city. This study has shown that M-Pesa a mobile phone application used to pay for goods and services is one such company that thrives in Nairobi. M-Pesas success can be attributed to two main factors: first, the appsibility to a large swath of Kenyan citizens; and second, the high level of user engagement. In fact, according to study author Kenyan entrepreneur Godfrey Kiplagat if you want to be successful with technology, you need to UDP Everywhere You Go (quoted from African money writer Edwin Ngongo). These words encapsulate what M-Pesa has done for Kenya: it has brought numerous innovative projects and startups to the city from all parts of.
An article about Indian banks during the pre and post demonetization period found that most customers are still holding cash and digital currency. Post demonetization, some customers may have decided that these new technologies are not working well for them and decided to return their money to their institutions. This study helps understand what the technological adoption trends were across customers of Indian banks during these periods.
An analysis about the social implications of digital money has revealed that several challenges need to be addressed in order to ensure a successful transition to such a system. One issue is that users may feel disadvantaged as compared to those who still use physical currencies. Additionally, many experts agree that there is still a long way to go before participants fully understand and adopt digital money. Even though some good progress has been made, further work is needed in order to meet the needs of all parties involved in the digital payments system.
A research about theurden and intention of zakat, infaq,. In Indonesia, the strategy of collecting zakat, infaq,. continues, one of which is through digital collection through the use of a crowdfunding platform. However, the community's intention or intention to distribute zakat,. Since creating her online platform, Bounty Hunt Raja Irisi (BHHR), Mikana has been successful in reaching out to millions of Indonesians who have interested in helping generate money for a worthy cause. With BHHR?s help, Indonesians can collect zakat (alms) either online or face-to-face.Zakat is an Islamic law that requires individuals to give alms to charitable institutions and Families Members once per month. In order to complete a good deed and receive khilafah (credit), donors must visit at least two entities--one established by the charity and the other Bohol Institute for Development Studies (BIKS) in order to collect kebisuran bunga dan sebatang dalam yang disampaikan Duta Bahar Allah dannegara Negara Parkiran RI pada tanggal 1 December 2009 ? tanggal 08 January 2013.? The main benefit of using.
An evaluation about the e-wallet application penetration in Indonesia found that a majority of the population is still unaware of the existence of digital payment options and 58% of adults do not use e-wallets.affle - the study found that only 42% of people have access to at least one form of digital payment system. This is primarily due to cultural differences and reluctance for new technologies. In addition, it remains difficult for businesses to adopt online paymentMethods and make them available to a wider range of customers. These challenges are likely to continue until a majority of the population becomes comfortable with using digital payments platforms.
A study about WeChat and its impact on the development of digital payments has shown that the platforms are crucial to fostering various types of businesses, from small restaurants and cafes to large organizations. The advantage of using WeChat forpaymentIrestimates many times the efficiency of traditional methods. Many small businesses and restaurants in China find that through Wechat, they can easily accept multiple forms of payment instead of having to use one or two banks. Additionally, larger organizations such as retail chains or big businesses have found that using Wechat for payments is much more efficient than postingisfive times the amount needed to pay with a check or bank transfer. For these reasons, WeChat representatives have proverbially become industry leaders when it comes to developing and promoting digital payment systems.
A journal about the effect of reducing privacy for payments brings up a number of challenges. First, we need to know if people will even want to use digital payment platforms when there is a reduced level of privacy. Second, what costs and benefits do we consider to be worth sacrificing privacy for? Third, will people be willing to pay for a decreased level of privacy if it means that they can use more conveniently availed funds? Overall, these challenges provide an interesting perspective on the potential welfare impacts of reducing privacy for payments.
A paper about how Peer-to-Peer digital currency transactions might be verified using a foundation of blockchain architecture is currently in progress. This study evaluates the benefits and feasibility of this process and prospects for its widespread adoption.
A paper about Banco Palmasin, a community digital bank in Ceará, Brazil has shown that it is using negotiation mechanisms different from commercial banks. The study found that Palmas Digital prefers to cooperate with other digital editions to expand its services and reach a larger customer base. Furthermore, the negotiation mechanisms of Banco Palmasin ensure that it is fulfilling its social responsibility obligations to its customers.
An article about the impact of the ongoing pandemic on digital finance transactions has been conducted. The study found that the disruptions caused by the pandemic have had a significant impact on all aspects of the financial system. In particular, it hasShut all economic activities except those that are specifically regulated by the government. This has a significant impact on the quality and steadiness of financial markets, which in turn directlyimpact our overall economy.
