Debit Cards for Local Community’s Monetary Transactions: A Literature Review

This conceptual paper provides a review of past studies that highlight the development of debit cards in society. A review of past literature was conducted, in which the issues were highlighted and recommendations for potential solutions for an improvement in the usage of these debit cards in a comm...

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Main Authors: Nabilah Rozzani, Intan Salwani Mohamed, Sharifah Norzehan Syed Yusuf
Format: Article
Language:English
Published: Universiti Malaya 2015-12-01
Series:Asian Journal of Accounting Perspectives
Subjects:
Online Access:https://10.240.4.186/index.php/AJAP/article/view/3708
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author Nabilah Rozzani
Intan Salwani Mohamed
Sharifah Norzehan Syed Yusuf
author_facet Nabilah Rozzani
Intan Salwani Mohamed
Sharifah Norzehan Syed Yusuf
author_sort Nabilah Rozzani
collection DOAJ
description This conceptual paper provides a review of past studies that highlight the development of debit cards in society. A review of past literature was conducted, in which the issues were highlighted and recommendations for potential solutions for an improvement in the usage of these debit cards in a community were discussed. This paper highlights issues in the usage of debit cards for a local community. The review reveals that despite the encouraging adaptation of debit cards in the overall world economy, there are still some loopholes that need to be covered. Hence, several remedies, including intensive promotion to the public, are needed, especially if the card is being introduced as a mechanism for transactions in a particular community.
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spelling doaj.art-d8d2dce4e6114b91874ed33715e9e5662022-12-21T23:09:49ZengUniversiti MalayaAsian Journal of Accounting Perspectives2672-72930128-03842015-12-018110.22452/AJAP.vol8no1.2Debit Cards for Local Community’s Monetary Transactions: A Literature ReviewNabilah Rozzani0Intan Salwani Mohamed1Sharifah Norzehan Syed Yusuf2Accounting Research Institute, Universiti Teknologi MARAAccounting Research Institute, Universiti Teknologi MARAAccounting Research Institute, Universiti Teknologi MARAThis conceptual paper provides a review of past studies that highlight the development of debit cards in society. A review of past literature was conducted, in which the issues were highlighted and recommendations for potential solutions for an improvement in the usage of these debit cards in a community were discussed. This paper highlights issues in the usage of debit cards for a local community. The review reveals that despite the encouraging adaptation of debit cards in the overall world economy, there are still some loopholes that need to be covered. Hence, several remedies, including intensive promotion to the public, are needed, especially if the card is being introduced as a mechanism for transactions in a particular community.https://10.240.4.186/index.php/AJAP/article/view/3708CommunityDebit CardTechnologyPayment Channel
spellingShingle Nabilah Rozzani
Intan Salwani Mohamed
Sharifah Norzehan Syed Yusuf
Debit Cards for Local Community’s Monetary Transactions: A Literature Review
Asian Journal of Accounting Perspectives
Community
Debit Card
Technology
Payment Channel
title Debit Cards for Local Community’s Monetary Transactions: A Literature Review
title_full Debit Cards for Local Community’s Monetary Transactions: A Literature Review
title_fullStr Debit Cards for Local Community’s Monetary Transactions: A Literature Review
title_full_unstemmed Debit Cards for Local Community’s Monetary Transactions: A Literature Review
title_short Debit Cards for Local Community’s Monetary Transactions: A Literature Review
title_sort debit cards for local communitya€™s monetary transactions a literature review
topic Community
Debit Card
Technology
Payment Channel
url https://10.240.4.186/index.php/AJAP/article/view/3708
work_keys_str_mv AT nabilahrozzani debitcardsforlocalcommunityasmonetarytransactionsaliteraturereview
AT intansalwanimohamed debitcardsforlocalcommunityasmonetarytransactionsaliteraturereview
AT sharifahnorzehansyedyusuf debitcardsforlocalcommunityasmonetarytransactionsaliteraturereview