Understanding Mobile Payment Continuance in Indonesia: A Brand Equity Perspective Continuance Model

As the Indonesian government promotes cashless transactions, more and more efforts are put to make people adopt and keep using electronic money, including mobile payment (m-payment). The research focuses on investigating factors that influence people’s intention to keep using m-payment using two rob...

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Main Author: Sarassina, Raden Roro Fosa
Format: Article
Language:English
Published: Bina Nusantara University 2022
Subjects:
Online Access:https://repository.ugm.ac.id/283443/1/7882-Article%20Text-45670-1-10-20220413.pdf
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author Sarassina, Raden Roro Fosa
author_facet Sarassina, Raden Roro Fosa
author_sort Sarassina, Raden Roro Fosa
collection UGM
description As the Indonesian government promotes cashless transactions, more and more efforts are put to make people adopt and keep using electronic money, including mobile payment (m-payment). The research focuses on investigating factors that influence people’s intention to keep using m-payment using two robust theories in the continuance intention: Technology of Acceptance Model (TAM) and Expectation Confirmation Model (ECM). Despite the robustness, the two models do not consider the user’s judgement of the issuer’s brand influence, which is reflected through its brand equity. Then, to fill this gap, A Continuance Model-Brand Equity Perspective (CMBEP) is proposed. The research applies a quantitative approach to validate the model. The data are collected using an online questionnaire to m-payment users. Then, Structural Equation Modelling (SEM) with SmartPLS software test the four hypotheses. Based on the analysis of 420 respondents, it is found that all the hypothesis is supported, and the model is validated. It shows the strongest to weakest relationships: perceived usefulness to satisfaction, perceived ease of use to satisfaction, satisfaction to continuance intention, and brand equity to continuance intention. The findings shed light on m-payment issuers for not only focusing on creating satisfaction for their users but also building a brand with strong equity.
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spelling oai:generic.eprints.org:2834432023-11-21T04:05:10Z https://repository.ugm.ac.id/283443/ Understanding Mobile Payment Continuance in Indonesia: A Brand Equity Perspective Continuance Model Sarassina, Raden Roro Fosa Banking Finance and Investment Economics and Business As the Indonesian government promotes cashless transactions, more and more efforts are put to make people adopt and keep using electronic money, including mobile payment (m-payment). The research focuses on investigating factors that influence people’s intention to keep using m-payment using two robust theories in the continuance intention: Technology of Acceptance Model (TAM) and Expectation Confirmation Model (ECM). Despite the robustness, the two models do not consider the user’s judgement of the issuer’s brand influence, which is reflected through its brand equity. Then, to fill this gap, A Continuance Model-Brand Equity Perspective (CMBEP) is proposed. The research applies a quantitative approach to validate the model. The data are collected using an online questionnaire to m-payment users. Then, Structural Equation Modelling (SEM) with SmartPLS software test the four hypotheses. Based on the analysis of 420 respondents, it is found that all the hypothesis is supported, and the model is validated. It shows the strongest to weakest relationships: perceived usefulness to satisfaction, perceived ease of use to satisfaction, satisfaction to continuance intention, and brand equity to continuance intention. The findings shed light on m-payment issuers for not only focusing on creating satisfaction for their users but also building a brand with strong equity. Bina Nusantara University 2022 Article PeerReviewed application/pdf en https://repository.ugm.ac.id/283443/1/7882-Article%20Text-45670-1-10-20220413.pdf Sarassina, Raden Roro Fosa (2022) Understanding Mobile Payment Continuance in Indonesia: A Brand Equity Perspective Continuance Model. CommIT Journal, 16 (1). 105 – 115. ISSN 19792484
spellingShingle Banking Finance and Investment
Economics and Business
Sarassina, Raden Roro Fosa
Understanding Mobile Payment Continuance in Indonesia: A Brand Equity Perspective Continuance Model
title Understanding Mobile Payment Continuance in Indonesia: A Brand Equity Perspective Continuance Model
title_full Understanding Mobile Payment Continuance in Indonesia: A Brand Equity Perspective Continuance Model
title_fullStr Understanding Mobile Payment Continuance in Indonesia: A Brand Equity Perspective Continuance Model
title_full_unstemmed Understanding Mobile Payment Continuance in Indonesia: A Brand Equity Perspective Continuance Model
title_short Understanding Mobile Payment Continuance in Indonesia: A Brand Equity Perspective Continuance Model
title_sort understanding mobile payment continuance in indonesia a brand equity perspective continuance model
topic Banking Finance and Investment
Economics and Business
url https://repository.ugm.ac.id/283443/1/7882-Article%20Text-45670-1-10-20220413.pdf
work_keys_str_mv AT sarassinaradenrorofosa understandingmobilepaymentcontinuanceinindonesiaabrandequityperspectivecontinuancemodel