Factors affecting adoption of wallet among generation x in nepal

Abstract

The study's primary goal is to look at the variables influencing generation X in Nepal's use of e-wallets. Descriptive and casual research designs are employed in the study. The study's sample size is 400. In this study, the convenience sampling method is used to contact the sample responder. Descriptive statistics, regression analysis, and correlation evaluation were employed in this study's data analysis. This study shows that most respondents agree that the ease of use of E-wallet services is a major factor influencing their adoption of E-wallet, and they also believe their level of adoption is high. According to the correlation research, the use of e-wallets is significantly positively correlated with perceived security. Similarly, there is a strong positive correlation between the usage of e-wallet systems and their perceived utility. Likewise, there is a favorable correlation between the adoption of e-wallets and perceived ease of use. Further, social influence in E-wallet is significantly positively related to its adoption. The results of the multiple regression analysis show that the adoption of e-wallets is significantly positively impacted by perceived security. Meanwhile, the adoption of e-wallets is significantly positively impacted by perceived utility. Likewise, the adoption of e-wallets is significantly positively impacted by perceived simplicity of use. The adoption of e-wallets is also found to be significantly positively impacted by social influence. Based on these results, the study comes to the conclusion that social influence, perceived utility, perceived security, and perceived simplicity of use are all important elements affecting the adoption of e-wallets.

Keywords: Adoption of E-wallet, perceived security, perceived usefulness, perceived ease of use and social influence