literature review of electronic payment system

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Research in electronic and mobile payment systems: a bibliometric analysis.

1. Introduction

2. related studies and background.

• RQ (1) Who are the most influential researchers in this field?
• RQ (2) Which countries substantially contribute to scientific research?
• RQ (3) Which keywords, co-occurrence network, and clusters are the most frequently?
• RQ (4) What are the most significant links across countries, authors, author keywords, and sources in this research?
• RQ (5) What are some of the most prevalent research topics in this area of study?

3. Materials and Methods

3.1. materials, 3.2. methods.

• The article must be written in the English language.
• Between 2001 and November 2021, all WoS-registered sources of scientific article are examined (i.e., Journals, books, and Conferences).
• User acceptance and preferences for electronic (mobile) payment systems, payment frameworks, and payment interfaces should be the focus of the articles’ research.

4. Results and Analysis

4.1. bibliometric analysis_general characteristics, 4.2. source patterns, 4.3. main authors and network visualization, 4.4. principal countries and affiliations authors, 4.5. keywords co-occurrence and dendrogram analysis, 4.6. keyword analysis, 5. discussion, 6. conclusions, author contributions, institutional review board statement, informed consent statement, data availability statement, conflicts of interest.

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Tounekti, O.; Ruiz-Martínez, A.; Skarmeta Gomez, A.F. Research in Electronic and Mobile Payment Systems: A Bibliometric Analysis. Sustainability 2022 , 14 , 7661. https://doi.org/10.3390/su14137661

Tounekti O, Ruiz-Martínez A, Skarmeta Gomez AF. Research in Electronic and Mobile Payment Systems: A Bibliometric Analysis. Sustainability . 2022; 14(13):7661. https://doi.org/10.3390/su14137661

Tounekti, Oussama, Antonio Ruiz-Martínez, and Antonio F. Skarmeta Gomez. 2022. "Research in Electronic and Mobile Payment Systems: A Bibliometric Analysis" Sustainability 14, no. 13: 7661. https://doi.org/10.3390/su14137661

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Please note you do not have access to teaching notes, facilitating the adoption of e‐payment systems: theoretical constructs and empirical analysis.

Journal of Enterprise Information Management

ISSN : 1741-0398

Article publication date: 20 April 2010

The emergence of online transactions, enabled through internet media, has led to an increase in the availability of electronic payment (e‐payment) systems. This research aims to investigate, through theoretical constructs (technology acceptance model, theory of reasoned action) and an empirical analysis, the critical factors that may ensure consumer adoption of these facilities.

Design/methodology/approach

This research study mainly uses the deductive approach to consider secondary sources and primary data, where hypotheses have been developed in order to demonstrate the findings. An initial literature review revealed six issues that are considered critical for e‐payment considerations. An anonymous and self‐administered survey based on the research model was developed and e‐mailed to the respondents. A total of 155 questionnaires were coded and analysed using SPSS to analyse the hypotheses.

The research proved that the perceived importance of the critical factors was correlated through security, trust, perceived advantage, assurance seals, perceived risk and usability. The results demonstrate that three of the critical factors were necessary (security, advantage, web assurance seals) and three were relatively sufficient (perceived risk, trust and usability) through customer intentions to adopt an e‐payment system.

Originality/value

It is believed that the findings represent an important contribution to the further adoption of e‐payment facilities and indeed the design of general e‐commerce systems.

• Electronic commerce

Özkan, S. , Bindusara, G. and Hackney, R. (2010), "Facilitating the adoption of e‐payment systems: theoretical constructs and empirical analysis", Journal of Enterprise Information Management , Vol. 23 No. 3, pp. 305-325. https://doi.org/10.1108/17410391011036085

Emerald Group Publishing Limited

Copyright © 2010, Emerald Group Publishing Limited

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A Systematic Review of User Authentication Security in Electronic Payment System

• Conference paper
• First Online: 17 February 2023
• Cite this conference paper

• Md. Arif Hassan 13 &
• Zarina Shukur 13  

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 551))

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Recently, security is becoming an increasingly crucial component of any financial organization, and as a result, the need for authentication has expanded. To ensure the security of electronic transactions, several authentication mechanisms have been created. The present paper interprets a comprehensive and systematic literature review regarding the articles published in the area of electronic payment systems. This article reviewed the selected papers from 2013 to 2021 to identify the user authentication techniques and threats to the electronic payment methods, which guide the researchers to do in future direction. In addition, this article presented the chosen articles with a comparative table of multifactor security measures and analysis problems. Such findings not only outline the latest research efforts but also indicate possible gaps and future directions for study by suggesting a research agenda. The findings of this study should be used as the basis for potential electronic payment analysis and related topics. Furthermore, all papers are categorized according to the origin of the research, publishing sources and country of affiliation to the author, publishing journal, and year of publication. This paper also provides an exhaustive analysis of various models of attacks on authentication systems.

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Hassan, M., Shukur, Z. (2023). A Systematic Review of User Authentication Security in Electronic Payment System. In: Saraswat, M., Chowdhury, C., Kumar Mandal, C., Gandomi, A.H. (eds) Proceedings of International Conference on Data Science and Applications. Lecture Notes in Networks and Systems, vol 551. Springer, Singapore. https://doi.org/10.1007/978-981-19-6631-6_10

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Literature Review on Adoption of Digital Payment System

• Shailza , Madhulika P. Sarkar
• Published 4 December 2019
• Economics, Business, Computer Science
• Global Journal of Enterprise Information System

6 Citations

A systematic review and research agenda of digital payment system with reference to unified payment interface, a study on evolving digital transformation in indian banking system, evaluating drivers of fintech adoption in the netherlands, present state and future directions of digital payments system: a historical and bibliographic examination, e-wallet effects on community behavior, adoption of digital financial transactions: a review of literature and future research agenda, 12 references, facilitating the adoption of e-payment systems: theoretical constructs and empirical analysis, factors affecting the adoption of mobile payment systems: an empirical analysis, digital payment systems: perception and concerns among urban consumers, factors influencing adoption of e-payment systems: an empirical study on iranian customers, upi : the growth of cashless economy in india, determinants of mobile payments: an empirical analysis, demonitizaton and its effects on digital payments, understanding cashless payments in india, related papers.

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Adoption of e-Payment Systems: A Review of Literature

2015, Proceedings of the International Conference on E-Commerce (ICoEC)

E-payment system is increasingly becoming a daring means of payments in today's business world. This is due to its efficiency, convenience and timeliness. It is a payment system that is continuously being embraced and adopted in the financial system of both developed and developing countries with a view to simplify and ease payments in business transactions. As a result, many studies were conducted around the globe by scholars on e-payment adoption. It is based on this that this research paper looks at the available past literature on e-payment adoption across the world, with a view to highlight the scope, methodology and Information System (IS) models used by previous researchers so as to identify research gaps and recommend such for future studies. The study employed an extensive literature search on e-payment adoption with the aid of Google Scholar for those recent studies between the years 2010-2015. To facilitate the understanding of the issue under study, previous studies were analysed based on scope-geographical location of the study, theories/models adopted and methodology used. Finally, the paper has identified the patterns of previous researches with regards to these three items and further highlights and recommends key areas in which future research should delve on.

Related Papers

Journal of Engineering and Applied Sciences

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 armmd 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 toe-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 fore-Payment adoption studies that were published between the years 2010-2016. To facilitate the rmderstanding of the issue rmder study all past studies were analyzed based on the independent variables (influencing factors) context-location of the study, tbeories!Information System (IS) models adopted and tbe methodology used. Finally, tbe 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.

Zhelyu D Vladimirov

The goal of this study is to reveal the main factors influencing the e-business adoption by the small tourism firms in Bulgaria with a special attention on the role played by the shadow economic practices in this process. These practices relate to undeclared work, undeclared deals, and sales underreporting by legally registered firms. The research is based on data gathered from 282 small tourism firms' managers through a structured questionnaire. The exploratory factor analysis provided five factors as antecedents to the e-business adoption. These factors reflect the perceptions of environmental pressure, organisational readiness, shadow economic practices in the sector, and managers' attitudes (positive and negative) towards the e-business. The effects of the factors on the e-business adoption are assessed by a multiple regression model, which include also manager experience and firm size as control variables. The findings suggest that environmental pressure, organisational readiness, and positive expectations are more likely to enhance the e-business adoption. The manager experience and the firm size influence positively this adoption too. On the contrary, negative expectations and particularly the perceptions of the spread up of shadow economic practices in the sector were more likely to work against the e-business adoption by small tourism firms.

International Journal of Arts and Sciences (IJAS)

Domingos Mondego

Trust is at the core of any payment method and it plays a crucial role in the adoption of new payment systems. Individuals need to trust in one another in order to validate any monetary system developed. With the evolution of the payment methods, shifting from paper-based to electronic-based, building consumers’ trust has become a vital element for the success of businesses in the payment systems. In this sense, the aim of this paper is to provide a scoping review of the relevant literature conducted between 2013 and 2017 on mobile payment systems (MPS) sector and point out which factors might affect trust and, in turn, might have influence on MPS adoption by users according to academics. In order to organise the recent studies for further discussion, this paper proposes to divide the studies into five distinct categories: country (where the study took place), method employed (surveys, interviews etc), number of respondents, focus of the research (consumers, merchants or users in general) and model (framework) used. The findings of 76 studies (2013-2017) pointed out that there are 111 different factors that have impact on mobile payment systems, according to the authors. In addition, the findings have indicated that China is the country with more studies conducted on the adoption of MPS, followed by Spain. It is worth mentioning that, in many countries the number of studies seems underrepresented and in others, there are no data published yet.

Ra'ed Masa'deh

This empirical study focused on investigating the perceived trust surrogated by a number of hypothesized factors and its effect on the choice of method of payment. The data were collected using a questionnaire, as the instrument for the primary data collection, with total collected back responses of 214 from customers of MarkaVIP. Structural equation modeling technique was used to fully analyze the data in order to determine what level of the relationship between the constituting factors of the perceived trust and the method of payment. The main findings were related to confirming the seven main hypotheses of the research that were related to testing if some factors were important to forming perceived trust by customers. Four factors (reputation, security, familiarity , and ease of use) were found to have a positive effect and the remaining three were not (privacy, size and usefulness). In addition, having perceived trust meant no preference to any method of payment by the customers.

Malachy Odimegwu

Ardelia Simanjaya

Mamu Achieng'

WARSE The World Academy of Research in Science and Engineering

 The purpose of this study is to analyze the influence of trust, social influence and promotion on the intention to use e-wallets in the Jakarta, Bogor, Depok, Tangerang and Bekasi (Jabodetabek) regions. This study uses a quantitative approach with an explanatory design in accordance with the focus of the study, the population in this study is all e-wallet users in Indonesia. The sample selection uses a non-probability sampling method and a sample of 143 e-wallet users is used. The minimum number of samples is determined based on the number of research indicators. The method used in this study is multiple linear regression models with the help of the SPSS program. The results showed that trust and promotion partially had a significant effect on intention to use e-wallet. However, social influence does not significantly influence the intention to use e-wallet. For this reason it is suggested to the management to pay attention to these factors, by maintaining trust, paying attention to social factors and increasing promotion, it will have an impact on increasing intention to use e-wallets.

Dr. P C Lai

This paper summarizes an explorative study of the novel design and security that contribute to consumers' adoption of an integrated, single platform payment system encompassing card, Internet and mobile technologies in the ASEAN. The attempt to survey these areas in an integrated fashion is a novel approach that differs from existing studies that mainly focus on adoption factors of these technologies in isolation as well as focuses on the novel design and the security elements. The empirical results from the quantitative analysis suggest that design, security, perceived usefulness as well as perceived ease of use are significant factors that contribute to consumers' intention to utilize a single platform payment System. Organizations will be able to utilize the study information for developing products and services that meet the consumers' single platform E-payment system while also fulfil their objective of corporate social responsibility.

Majedul Islam Sweet

Bangladesh is one of the highest mobile phone users' countries among ten in the world where mobile payment service is becoming a promising area with the speedy rise of mobile internet. Conversely, various researches on mobile phone users acceptance of mobile payment has not reveal clearly to a definite assumption for Bangladesh context considering technology acceptance model (TAM). A survey has conducted to collect data from 260 consumers of Bangladesh and then hypothesized model based on data analysis in SPSS. It has found that perceived ease of use and perceived usefulness are the drivers in the acceptance of mobile payment where subjective norms mediate them. Alternatively, perceived risk and perceived costs are treated as barriers toward behavioral intention to use mobile payment. This study explores new results in the TAM model in Bangladesh context and provided managerial insights to the mobile payment service providers to develop strategies in Bangladesh.

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International Journal of Academics & Research, IJARKE Journals

European Scientific Journal ESJ

Economics World ISSN 2328-7144

Ampadu Seth , Gradiator-seth Dukes

odunayo Ayo

E-Commerce interfering with Privacy: Perceived Risks and Security issues with Techno-policy outcomes

AVINASH SINGH

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Kamel Rouibah , Kamal Rouibah

Kamel Rouibah , Paul Benjamin Lowry

Sri Lanka Journal of Marketig

Gokhan AYDIN

Ms. Syeda Nazneen Waseem Lecturer (KUBS)

British Journal of Economics, Management & Trade

Dr. Aye Aye Khin , D K , Kevin Low

Impact of Mobile Payments in the Tour Operator Sector of Kenya

Dominic Mugambi

International Journal on Customer Relations

Publishing India Group , DIPA MITRA

Samreen Agha

karling lee

International Journal of Business Information Systems

Mohammed-Issa jaradat

Christian Osakwe , Titus Okeke

Dr. P C Lai , P C Lai , P. Research

shrafat ali sair

Shairilizwan Taasim

Electronic Journal of Information Systems in Developing Countries

Edda T Lwoga

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