The Influence of Perceived Usefulness, Perceived Ease of Use and Perceived Security Towards E-Wallet Usage Among UMK Student

Abstract

Due to the growth of financial technology, cashless transactions have increased significantly. Correspondingly of the development of fintech products such as E-Wallet, consumers are moving away from cashbased to cashless transactions. The objective and primarily aim of this research to determine the influence of perceived usefulness, perceived ease of use and perceived security towards E-Wallet usage among UMK students. This paper contributes by examining the E-wallet acceptance among UMK students. In this study, the TAM model was applied. A total of 265 respondents of SAB student took part in the online survey that yielded these results. Results revealed that Spearman’s correlation value of all independent variable had positive relationship which is above 0.50 value towards the use of E-Wallet and was explained by the three variables which is perceived usefulness (0.508), perceived ease of use (0.542) and perceived security (0.517). This research’s findings will attract students’ interest in using E- Wallets for purchases.