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Purpose Prior studies in the context of electronic money have examined the effect of social pressure [subjective norm (SN)] on usage intention, but the results are found inconclusive. Individual factor is said to be one of the reasons. Therefore, this study aims to propose knowledge about riba (KR) as the individual factor that might explain the inconsistent previous findings. Design/methodology/approach A total of 253 responses are collected using online questionnaire. The data are examined by using structural equation modeling (SEM). The interaction moderation technique is used to investigate the moderating role of KR on intention to use e-money. Findings The results show that SN significantly influences customers’ perceived usefulness (PU), ease of use (PEU) and intention to use e-money (INT). PU is also proven as a direct predictor of INT. On the contrary, PEU does not significantly influence customer INT, providing support for the indirect effect of hypotheses between PEU–PU–INT. Furthermore, KR is found moderate in the link between PU and INT. Interestingly, the moderating effect of KR does not exist in the relationship from SN and PEU to INT. Research limitations/implications This study has a limitation in terms of the samples that are mainly dominated by students. Students’ perception might be different from practitioners’. Practical implications The results indicated that Indonesian customers are getting aware and knowledgeable about riba. It weakens the effect of PU on INT. SN as a social factor has also a strong effect on INT. As a practical implication, this paper suggests the government to develop and regulate a more Sharia-compliant business model for e-money. The public must be well informed and also well educated. The socialization and education must be included in any Muslim communities. In addition, given the fact that the chip-based e-money products in Indonesia are owned by conventional banks, it is going to be a wise idea if the government can partner up with the Islamic banks to design and develop the Sharia-compliant e-money. Originality/value This paper contributes to the electronic money and internet banking literature by considering Islamic principle factor, that is the rise of public KR. This paper show that inconclusive previous findings might be depended on the public KR.
Purpose Prior studies in the context of electronic money have examined the effect of social pressure [subjective norm (SN)] on usage intention, but the results are found inconclusive. Individual factor is said to be one of the reasons. Therefore, this study aims to propose knowledge about riba (KR) as the individual factor that might explain the inconsistent previous findings. Design/methodology/approach A total of 253 responses are collected using online questionnaire. The data are examined by using structural equation modeling (SEM). The interaction moderation technique is used to investigate the moderating role of KR on intention to use e-money. Findings The results show that SN significantly influences customers’ perceived usefulness (PU), ease of use (PEU) and intention to use e-money (INT). PU is also proven as a direct predictor of INT. On the contrary, PEU does not significantly influence customer INT, providing support for the indirect effect of hypotheses between PEU–PU–INT. Furthermore, KR is found moderate in the link between PU and INT. Interestingly, the moderating effect of KR does not exist in the relationship from SN and PEU to INT. Research limitations/implications This study has a limitation in terms of the samples that are mainly dominated by students. Students’ perception might be different from practitioners’. Practical implications The results indicated that Indonesian customers are getting aware and knowledgeable about riba. It weakens the effect of PU on INT. SN as a social factor has also a strong effect on INT. As a practical implication, this paper suggests the government to develop and regulate a more Sharia-compliant business model for e-money. The public must be well informed and also well educated. The socialization and education must be included in any Muslim communities. In addition, given the fact that the chip-based e-money products in Indonesia are owned by conventional banks, it is going to be a wise idea if the government can partner up with the Islamic banks to design and develop the Sharia-compliant e-money. Originality/value This paper contributes to the electronic money and internet banking literature by considering Islamic principle factor, that is the rise of public KR. This paper show that inconclusive previous findings might be depended on the public KR.
India is not an exception to the global trend of the rising popularity of digital transactions. According to studies, effective systems of payment can contribute to a faster movement of liquidity throughout a country's economy. In this digital age, businesses that want to be agile and provide the best possible service to their customers need to offer digital payment options. This research investigates how individuals view online and digital payment methods and explores their apprehensions regarding the security of such transactions in an era dominated by interconnected technologies. Marketers need to understand how consumers view cashless payment methods, and this study provides valuable insights. The research being conducted is qualitative and analyses the idea of digital transactions through literature evaluations. The evaluations list a number of drawbacks and benefits when making payment methods that are digital. The results show that India accepts digital payment methods, and that usage is rising annually. The survey also outlines the benefits and difficulties that customers encounter when implementing digital payments. In general, this research offers insightful information on how digital transactions will develop in India. It is clear that digital payments are here to stay, and businesses that want to stay ahead of the curve need to offer these options to their customers.
ABSTRAK Strategi penghimpunan shadaqah di era modern harus menyesuaikan dengan kemajuan teknologi dan preferensi generasi milenial. Kitabisa.com merupakan platform donasi berbasis online yang terus mengalami pertumbuhan pengumpulan donasi dan banyak digunakan masyarakat muslim milenial. Tujuan dari penelitian ini adalah untuk menganalisis faktor-faktor yang mempengaruhi keputusan penggunaan platform kitabisa.com melalui pendekatan Technology Acceptance Model (TAM) dan Theory of Planned Behavior (TPB). Penelitian ini menggunakan teknik sampling purposive sampling. Proses pengkolektifan data dilakukan melalui pengisian kuesioner oleh 270 responden, dimana responden merupakan masyarakat muslim milenial yang pernah menggunakan platform kitabisa.com. Penelitian ini dianalisis dengan menggunakan Structural Equation Modelling (SEM) melalui aplikasi SmartPLS versi 3.0. Hasil analisis memperlihatkan bahwa variabel yang diadopsi dari TPB yaitu Perceived Behavioral Control (PBC), variabel sikap dan norma subjektif berpengaruh secara positif serta signifikan terhadap minat penggunaan platform kitabisa.com. Variabel yang diadopsi dari TAM yaitu Perceived ease of use memiliki pengaruh positif dan signifikan, sedangkan Perceived usefulness tidak berpengaruh terhadap minat penggunaan platform kitabisa.com. Kemudian, minat menggunakan platform kitabisa.com memiliki pengaruh positif serta signifikan terhadap keputusan penggunaan platform kitabisa.com. Implikasi dari penelitian ini adalah agar lembaga penghimpun sedekah online memiliki evaluasi atau penilaian untuk memperbaiki dan mengembangkan platform sedekah berbasis online bagi masyarakat muslim milenial maupun masyarakat secara umum yang akan melakukan sedekah secara online. Kata Kunci: Technology Acceptance Model (TAM), Theory of Planned Behavior (TPB), Minat Penggunaan, Keputusan Penggunaan. ABSTRACT The strategy of collecting shadaqah (almsgiving) must be aligned with technological developments and millennial societies. Kitabisa.com is an online shadaqah platform that continues to grow in collecting shadaqahs and is widely used by the millennial Muslim society. The purpose of this research was to analyze the factors that influence the use behavior of kitabisa.com with the Technology Acceptance Model (TAM) and Theory of Planned Behavior (TPB) approaches. The sampling technique in this study was taken using purposive sampling. The data collection process was carried out through filling out questionnaires by 270 respondents, of which the respondents were millennial who had used the Kitabisa.com platform. The analytical technique used is Structural Equation Modeling (SEM) using the SmartPLS version 3.0 application. The results of the analysis show that the variables adopted from TPB, namely Perceived Behavioral Control (PBC), attitudes towards use and subjective norms have a positive and significant influence on intention to use the kitabisa.com platform. While the variables adopted from TAM, Perceived ease of use has a positive and significant effect, while Perceived usefulness has no influence on intention to use the kitabisa.com platform. Then, intention to use the kitabisa.com platform has a positive and significant impact on the use behavior the kitabisa.com platform. The implication of this research is that online shadaqah collecting institutions have an evaluation or assessment to improve and develop an online-based shadaqah platform for millennial Muslim communities and the general public who will do shadaqah online. Keywords: Technology Acceptance Model (TAM), Theory of Planned Behavior (TPB), Intention to Use, Behavior of use. REFERENCES Abdullah, P. M. (2015). 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