FINANCIAL TECHNOLOGY AND PAYMENT SYSTEMS IN NEPAL

Abstract

The problems of the research are What are the factors of financial technology which impacted the digital payment consumer perception in Nepal? What is the relationship between factors of financial technology and the digital payment consumer perception in Nepal? Do the impact of benefit, trust, self-efficacy, ease of use, and security to the digital payment consumer perception in Nepal? On the basis of the problem of the research the objectives are set and they are to assess the factors of financial technology which impacted the digital payment consumer perception in Nepal, to analyze relationship between factors of financial technology and the digital payment consumer perception in Nepal and to examine the impact of benefit, trust, self-efficacy, ease of use, and security to the digital payment consumer perception in Nepal. The objective is achieved using the casual comparative research design. The population under consideration for this research comprises all the user of digital payment consumer perception system provided by the bank and other online payment platform which are unknown in the Kathmandu valley. Using the formula, it is calculated that the minimum sample size required is 384. The sample size is 407 respondents based on convenience sampling methods. The statistical, correlation and regression analysis are conducted to achieve the objectives of the research. It is found that from the various literature review or previous scholar research paper the factors of financial technology are benefit, trust, self-efficacy, ease of use, and security which have impacted to the digital payment consumer perception in Nepal. The result also revealed that the benefit, trust, self efficacy, ease of use and security have positive and significant relationship to the digital payment consumer perception. The result also so the benefit, trust, self-efficacy and ease to use and security are positive and significantly impacted to the digital payment consumer perception.