The Impact of Technology Awareness, Motivation and Attitude on Intention to Pay with Cryptocurrency for Tourism Services

This study aims to investigate consumer intention to pay for services in the travel and tourism industry using cryptocurrencies. This research investigates the impact of technology awareness, motivational factors and consumer attitudes on the intention to pay for tourism services using cryptocurren...

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Main Authors: Rasuolė Andrulienė, Aida Mačerinskienė, Alfreda Šapkauskienė, Saulius Masteika, Kęstutis Driaunys
Format: Article
Language:English
Published: Vilnius University Press 2023-12-01
Series:Organizations and Markets in Emerging Economies
Subjects:
Online Access:https://www.journals.vu.lt/omee/article/view/32720
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author Rasuolė Andrulienė
Aida Mačerinskienė
Alfreda Šapkauskienė
Saulius Masteika
Kęstutis Driaunys
author_facet Rasuolė Andrulienė
Aida Mačerinskienė
Alfreda Šapkauskienė
Saulius Masteika
Kęstutis Driaunys
author_sort Rasuolė Andrulienė
collection DOAJ
description This study aims to investigate consumer intention to pay for services in the travel and tourism industry using cryptocurrencies. This research investigates the impact of technology awareness, motivational factors and consumer attitudes on the intention to pay for tourism services using cryptocurrency by analyzing data collected from 794 respondents in the Baltic countries (Lithuania, Latvia and Estonia). The empirical findings support the extended Technology Acceptance Model (TAM) and confirm that technology awareness, motivational factors and attitudes towards cryptocurrencies have a statistically significant impact on the intention to use cryptocurrencies to pay for tourism services. The results also suggest that technology awareness has an indirect effect on intention through the mediators of motivational factors and attitude, with motivation indirectly affecting intention through the mediator of attitude towards cryptocurrencies.
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spelling doaj.art-636858d7421449f8ac2988bc47d923432024-04-23T09:05:46ZengVilnius University PressOrganizations and Markets in Emerging Economies2029-45812345-00372023-12-0114310.15388/omee.2023.14.12The Impact of Technology Awareness, Motivation and Attitude on Intention to Pay with Cryptocurrency for Tourism ServicesRasuolė Andrulienė0https://orcid.org/0000-0001-6664-3314Aida Mačerinskienė1https://orcid.org/0000-0002-0137-9388Alfreda Šapkauskienė2https://orcid.org/0000-0002-0070-4097Saulius Masteika3https://orcid.org/0000-0002-1770-670XKęstutis Driaunys4https://orcid.org/0000-0002-8456-123XVilnius University, LithuaniaVilnius University, LithuaniaVilnius University, LithuaniaVilnius University, LithuaniaVilnius University, Lithuania This study aims to investigate consumer intention to pay for services in the travel and tourism industry using cryptocurrencies. This research investigates the impact of technology awareness, motivational factors and consumer attitudes on the intention to pay for tourism services using cryptocurrency by analyzing data collected from 794 respondents in the Baltic countries (Lithuania, Latvia and Estonia). The empirical findings support the extended Technology Acceptance Model (TAM) and confirm that technology awareness, motivational factors and attitudes towards cryptocurrencies have a statistically significant impact on the intention to use cryptocurrencies to pay for tourism services. The results also suggest that technology awareness has an indirect effect on intention through the mediators of motivational factors and attitude, with motivation indirectly affecting intention through the mediator of attitude towards cryptocurrencies. https://www.journals.vu.lt/omee/article/view/32720technology awarenessmotivational factorscryptocurrenciestechnology acceptance modeltourism
spellingShingle Rasuolė Andrulienė
Aida Mačerinskienė
Alfreda Šapkauskienė
Saulius Masteika
Kęstutis Driaunys
The Impact of Technology Awareness, Motivation and Attitude on Intention to Pay with Cryptocurrency for Tourism Services
Organizations and Markets in Emerging Economies
technology awareness
motivational factors
cryptocurrencies
technology acceptance model
tourism
title The Impact of Technology Awareness, Motivation and Attitude on Intention to Pay with Cryptocurrency for Tourism Services
title_full The Impact of Technology Awareness, Motivation and Attitude on Intention to Pay with Cryptocurrency for Tourism Services
title_fullStr The Impact of Technology Awareness, Motivation and Attitude on Intention to Pay with Cryptocurrency for Tourism Services
title_full_unstemmed The Impact of Technology Awareness, Motivation and Attitude on Intention to Pay with Cryptocurrency for Tourism Services
title_short The Impact of Technology Awareness, Motivation and Attitude on Intention to Pay with Cryptocurrency for Tourism Services
title_sort impact of technology awareness motivation and attitude on intention to pay with cryptocurrency for tourism services
topic technology awareness
motivational factors
cryptocurrencies
technology acceptance model
tourism
url https://www.journals.vu.lt/omee/article/view/32720
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