Central bank digital currency as a payment method for tourists: application of the theory of planned behavior to digital Yuan/Won/Dollar choice
Central Bank Digital Currency (CBDC) is a digital asset backed to fiat currencies issued and regulated by reputable national financial institutions. Bearing in mind accelerating developments in financial technology and CBDC, this study explored tourists’ adoption of CBDC as a payment method by focus...
| Main Authors: | , , , , , |
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| Format: | Article |
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Routledge
2022
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| _version_ | 1825938409486548992 |
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| author | Radic, Aleksandar Wei, Quan Koo, Bonhak Chua, Bee-Lia Kim, Jinkyung Jenny Han, Heesup |
| author_facet | Radic, Aleksandar Wei, Quan Koo, Bonhak Chua, Bee-Lia Kim, Jinkyung Jenny Han, Heesup |
| author_sort | Radic, Aleksandar |
| collection | UPM |
| description | Central Bank Digital Currency (CBDC) is a digital asset backed to fiat currencies issued and regulated by reputable national financial institutions. Bearing in mind accelerating developments in financial technology and CBDC, this study explored tourists’ adoption of CBDC as a payment method by focusing on the relationship between attitudes, subjective norms, perceived behavioral control, mass media coverage, fear of missing out relative advantages, and perceived risk. A socio-psychological theory was utilized as a theoretical framework. The survey data were collected from China, Korea, and the US. The proposed framework strongly supported Digital Korean Won and Digital Yuen. |
| first_indexed | 2024-03-06T11:13:26Z |
| format | Article |
| id | upm.eprints-100645 |
| institution | Universiti Putra Malaysia |
| last_indexed | 2024-03-06T11:13:26Z |
| publishDate | 2022 |
| publisher | Routledge |
| record_format | dspace |
| spelling | upm.eprints-1006452023-09-21T07:37:21Z http://psasir.upm.edu.my/id/eprint/100645/ Central bank digital currency as a payment method for tourists: application of the theory of planned behavior to digital Yuan/Won/Dollar choice Radic, Aleksandar Wei, Quan Koo, Bonhak Chua, Bee-Lia Kim, Jinkyung Jenny Han, Heesup Central Bank Digital Currency (CBDC) is a digital asset backed to fiat currencies issued and regulated by reputable national financial institutions. Bearing in mind accelerating developments in financial technology and CBDC, this study explored tourists’ adoption of CBDC as a payment method by focusing on the relationship between attitudes, subjective norms, perceived behavioral control, mass media coverage, fear of missing out relative advantages, and perceived risk. A socio-psychological theory was utilized as a theoretical framework. The survey data were collected from China, Korea, and the US. The proposed framework strongly supported Digital Korean Won and Digital Yuen. Routledge 2022-04-27 Article PeerReviewed Radic, Aleksandar and Wei, Quan and Koo, Bonhak and Chua, Bee-Lia and Kim, Jinkyung Jenny and Han, Heesup (2022) Central bank digital currency as a payment method for tourists: application of the theory of planned behavior to digital Yuan/Won/Dollar choice. Journal of Travel and Tourism Marketing, 39 (2). 152 - 172. ISSN 1054-8408; ESSN: 1540-7306 https://www.tandfonline.com/doi/abs/10.1080/10548408.2022.2061677 10.1080/10548408.2022.2061677 |
| spellingShingle | Radic, Aleksandar Wei, Quan Koo, Bonhak Chua, Bee-Lia Kim, Jinkyung Jenny Han, Heesup Central bank digital currency as a payment method for tourists: application of the theory of planned behavior to digital Yuan/Won/Dollar choice |
| title | Central bank digital currency as a payment method for tourists: application of the theory of planned behavior to digital Yuan/Won/Dollar choice |
| title_full | Central bank digital currency as a payment method for tourists: application of the theory of planned behavior to digital Yuan/Won/Dollar choice |
| title_fullStr | Central bank digital currency as a payment method for tourists: application of the theory of planned behavior to digital Yuan/Won/Dollar choice |
| title_full_unstemmed | Central bank digital currency as a payment method for tourists: application of the theory of planned behavior to digital Yuan/Won/Dollar choice |
| title_short | Central bank digital currency as a payment method for tourists: application of the theory of planned behavior to digital Yuan/Won/Dollar choice |
| title_sort | central bank digital currency as a payment method for tourists application of the theory of planned behavior to digital yuan won dollar choice |
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