Adoption of near field communication for mobile payment: Evidence from Macau

Author

Sam, K.M. ; Chatwin, C.R. ; Zhang, J.X.

Author_Institution

Dept. of Accounting & Inf. Manage., Univ. of Macau, Macau, China

fYear

2014

Firstpage

1121

Lastpage

1125

Abstract

The proliferation of mobile banking is creating increased opportunities for seamless businesses processes. The advent of Near Field Communication (NFC) could facilitate the future of mobile payment. Even though NFC has been adopted in several countries, this new technology has not been adopted by individuals in Macau, where the tremendous economic growth is greatly dependent on the gaming industry. This paper presents a study on consumers´ attitudes towards adoption of NFC enabled mobile payment technology in Macau. By using Technology Acceptance Model (TAM) and related literature, an evaluation model is designed to analyze users´ adoption of NFC in Macau. The results reveal academic and practical implications for future development and implementation of NFC in Macau.

Keywords

banking; mobile commerce; near-field communication; Macau; NFC; TAM; gaming industry; mobile banking; mobile payment technology; near field communication; seamless businesses process; technology acceptance model; Bismuth; Business; Educational institutions; Internet; Mobile communication; Mobile handsets; Security; DOI; Near Field Communication; TAM; adoption of NFC; contactless payment; mobile payment;

fLanguage

English

Publisher

ieee

Conference_Titel

Industrial Engineering and Engineering Management (IEEM), 2014 IEEE International Conference on

Type

conf

DOI

10.1109/IEEM.2014.7058813

Filename

7058813