Determinants of the Extent of E-Wallet Use: Evidence from Molino IV, City of Bacoor, Cavite
Date
1-2024
Degree
Bachelor of Science in Economics
College
College of Economics and Management (CEM)
Adviser/Committee Chair
Ma. Nova R. Nguyen
Committee Member
Divine Krizza P. Cruz, Gideon P. Carnaje, Ma. Angeles O. Catelo
Abstract
This study investigated the extent of e-wallet use of people from Barangay Molino IV, City of Bacoor Cavite. The concept of using mobile phones as a method of payment started as early as 1997. However, the popularity of using e-wallet is influenced by the emergence of the COVID-19 pandemic. From this, the technology of mobile payment continued to develop new features to accommodate the needs of its users. From the basic use which includes money transfer and physical purchase, e-wallets now include advanced uses such as online purchase, saving money and investment. The probit regression analysis was used to identify which factors influence the advanced use of e-wallets.
From the findings of this study, it was revealed that incentives has a significant impact on the extent of e-wallet use. This suggests that individuals who do not rely on promotional offers, cashbacks and discounts when using e-wallet are more likely to use an application's advanced features. In addition, the factors age, occupation, monthly income, monthly allowance and monthly e-wallet expenditure were found to be statistically significant with advanced e-wallet use. Monthly income and monthly e-wallet expenditure are positively related to advanced e-wallet use while age, occupation and monthly allowance are negatively related to e-wallet use.
Language
English
LC Subject
Digital Wallet
Location
UPLB College of Economics and Management (CEM)
Call Number
LG 993.5 2024 E2 C85
Recommended Citation
Cuizon, Abbygail B., "Determinants of the Extent of E-Wallet Use: Evidence from Molino IV, City of Bacoor, Cavite" (2024). Undergraduate Theses. 11457.
https://www.ukdr.uplb.edu.ph/etd-undergrad/11457
Document Type
Thesis
Notes
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