The effect of e-payment and online shopping on sales growth: Evidence from banking industry

Transforming from digitalization to digitization brings many new technologies to restructure our life and life routines. In today’s competitive world, internet infrastructures and banking industries are counted as integral components for online shopping and commercial transactions. As becau...

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Main Authors: Haitham M. Alzoubi, Muhammad Turki Alshurideh, Barween Al Kurdi, Khaled M.K. Alhyasat, Taher M. Ghazal
Format: Article
Language:English
Published: Growing Science 2022-01-01
Series:International Journal of Data and Network Science
Online Access:http://www.growingscience.com/ijds/Vol6/ijdns_2022_75.pdf
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author Haitham M. Alzoubi
Muhammad Turki Alshurideh
Barween Al Kurdi
Khaled M.K. Alhyasat
Taher M. Ghazal
author_facet Haitham M. Alzoubi
Muhammad Turki Alshurideh
Barween Al Kurdi
Khaled M.K. Alhyasat
Taher M. Ghazal
author_sort Haitham M. Alzoubi
collection DOAJ
description Transforming from digitalization to digitization brings many new technologies to restructure our life and life routines. In today’s competitive world, internet infrastructures and banking industries are counted as integral components for online shopping and commercial transactions. As because, disclosure of online transactions has been allowed through internet media, that would enhance the availability of electronic payment systems. Further, this study aims to explore and investigate the relationship and impact of electronic payment methods on the sales growth with the mediating role of online shopping by targeting UAE banking Industry. This study followed the quantitative approach and a correlational design. The empirical data were collected through a survey designed on a 5-point Likert scale, 217 valid questionnaires were sent to all participants (i.e., top managers, middle managers and technicians) via emails. Different statistical analyses were performed in this study. The results of the study showed high internal consistency among the study variables as Cronbach’s Alpha values ranged from .873 to .855. Further, this study highlighted the significant relationship and direct impact between online shopping and sales growth. Meanwhile, indirect impact was confirmed by the results between online shopping and sales growth through e-payment. In this regard, results can help to identify the impact of e-payment on sales growth through online shopping and also provide advantage for this and many other similar organizational studies.
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spelling doaj.art-f4ff481f63bd484f831f090a947a1bef2022-12-22T01:28:35ZengGrowing ScienceInternational Journal of Data and Network Science2561-81482561-81562022-01-01641369138010.5267/j.ijdns.2022.5.014The effect of e-payment and online shopping on sales growth: Evidence from banking industryHaitham M. AlzoubiMuhammad Turki AlshuridehBarween Al KurdiKhaled M.K. Alhyasat Taher M. Ghazal Transforming from digitalization to digitization brings many new technologies to restructure our life and life routines. In today’s competitive world, internet infrastructures and banking industries are counted as integral components for online shopping and commercial transactions. As because, disclosure of online transactions has been allowed through internet media, that would enhance the availability of electronic payment systems. Further, this study aims to explore and investigate the relationship and impact of electronic payment methods on the sales growth with the mediating role of online shopping by targeting UAE banking Industry. This study followed the quantitative approach and a correlational design. The empirical data were collected through a survey designed on a 5-point Likert scale, 217 valid questionnaires were sent to all participants (i.e., top managers, middle managers and technicians) via emails. Different statistical analyses were performed in this study. The results of the study showed high internal consistency among the study variables as Cronbach’s Alpha values ranged from .873 to .855. Further, this study highlighted the significant relationship and direct impact between online shopping and sales growth. Meanwhile, indirect impact was confirmed by the results between online shopping and sales growth through e-payment. In this regard, results can help to identify the impact of e-payment on sales growth through online shopping and also provide advantage for this and many other similar organizational studies.http://www.growingscience.com/ijds/Vol6/ijdns_2022_75.pdf
spellingShingle Haitham M. Alzoubi
Muhammad Turki Alshurideh
Barween Al Kurdi
Khaled M.K. Alhyasat
Taher M. Ghazal
The effect of e-payment and online shopping on sales growth: Evidence from banking industry
International Journal of Data and Network Science
title The effect of e-payment and online shopping on sales growth: Evidence from banking industry
title_full The effect of e-payment and online shopping on sales growth: Evidence from banking industry
title_fullStr The effect of e-payment and online shopping on sales growth: Evidence from banking industry
title_full_unstemmed The effect of e-payment and online shopping on sales growth: Evidence from banking industry
title_short The effect of e-payment and online shopping on sales growth: Evidence from banking industry
title_sort effect of e payment and online shopping on sales growth evidence from banking industry
url http://www.growingscience.com/ijds/Vol6/ijdns_2022_75.pdf
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