Professional Documents
Culture Documents
Group 1
Lorraine M. Barroga
Joven D. Vicencio
Jade C. De Asis
VIVIAN S. RAMOS
Research Teacher
September 2023
CHAPTER I
Introduction
Money was a very large function in every life. As the function of money as a
distribution, and consumption are closely related to money. The role of money in the
economy cannot be doubted because money can facilitate the economic activities of the
society. Mobile technology has become increasingly common in today’s everyday life.
However, mobile payment is surprisingly not among the frequently used mobile services,
acceptance of mobile payment services among consumers. In the past few years, many
Electronic money is a non-cash payment instrument that can make life easier.
Unfortunately, there are still many people who do not understand the function and
method of using this payment instrument. One of the things that cause the public to still
not use electronic money is because people assume that electronic money is the same as
other types of cards such as debit or credit cards, even though it is clearly different.
Electronic money can be used without using a PIN or other personal identification, while
debit cards and credit cards still use the pin input system in transactions. This is clearly
different from e-money which is certainly much easier and more practical to use
(Agbaeze, 2017; Jaminyasa, 2017). The development of e-money is able to create a trend
proliferation of mobile devices has increased the importance of mobile payment (m-
payment) services for users (Baptista and Oliveira, 2015). Although m-payment presents
convenience, ubiquity, and time-saving for consumers, it is not always readily accepted
areas: for e.g. public transport payment, shopping, e-tickets, banking, healthcare and
The use of technology in online payments has grown rapidly, and every country
has a system of online payment platforms (Javad, 2022; Siagian, 2022). An E-wallet is a
substitute for a card (Chalik & Faturohman, 2022). E-wallet payment is defined as a
increase the country's competitiveness and make it easier for the community (Yang,
2021). Digitalization allows customers to have new ways of making existing payments
and transactions. Electronic services owned by consumers can easily make online
payments and increase consumer confidence in getting products (Li, 2020). An E-wallet
is an electronic service that can store data and funds that can be used as a means of
payment without using a card (Foster, 2022). E-wallets are currently easy for millennials
to use in making payments online, as well as getting rewards in the form of cashback and
General Problem:
This study aims to determine the effect of online payment in life of consumers.
1.1 Age
1.2 Sex
1.3 Section
3. What are the positive and negative effects of online payment in fasters
transaction?
The study of the effect of online payments in the lives of consumers is a topic of
significant interest and importance in today's digital age. Online payments have become
increasingly prevalent in recent years, and their impact on consumers can be understood
traditional payment methods often can't match. Consumers can make transactions from
the comfort of their homes or while on the go, without the need for physical cash or
checks.
can make purchases from anywhere in the world, enabling access to a wider range of
access to banking and financial services for those who may not have had it before.
Impact on Consumer Behavior. The ease of online payments can influence consumer
behavior. It can lead to changes in purchasing patterns, such as more frequent, smaller
Lai, P. C. "Design and Security impact on consumers' intention to use single platform E-
payment." Interdisciplinary Information Sciences 22.1 (2016): 111-122.
https://doi.org/10.3390/joitmc7040230
https://doi.org/10.1016/j.elerap.07.005