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Using contactless mobile payment in the Vietnamese restaurant industry

Authors: Giousmpasoglou, Charalampos; Dinh, Dzung;

Using contactless mobile payment in the Vietnamese restaurant industry

Abstract

Purpose: Contactless Mobile Payment (CMP) is a technological innovation that shapes the future of service-related industries. This study develops a critical understanding of CMP in the context of consumer behaviour and explores its use in the Vietnamese restaurant industry. Methods: An online survey was used to collect the data (n=153) from Vietnamese consumers. Data analysis was conducted with the use of SPSS and AMOS software. A Confirmatory Factor Analysis (CFA) in conjunction with Structural Equation Modelling (SEM) were employed to explore consumer perceptions regarding the use of CMP. Results: The findings indicate that consumers find CMP a fast and convenient way to make transactions in Vietnamese restaurants. The findings also indicate the importance of ease of use and security. Implications: The study contributes to the understanding of consumer behaviour in regard to technology in the service industries context focused on the restaurant industry. The managerial implications of this study highlight a number of benefits for both consumers and businesses, such as efficiency, speed, and improved customer service; on the other hand, the potential of fraud poses a serious threat for both sides.

SUBMITTED: OCT 2021, REVISION SUBMITTED: JAN 2022, ACCEPTED: MAR 2022, REFEREED ANONYMOUSLY, PUBLISHED ONLINE: 30 MAY 2022

Related Organizations
Keywords

Restaurant Industry, N35, ddc:330, Economics, Contactless Mobile Payment, Wirtschaft, Economic Sectors, 20400, consumer behaviour, Marketing. Distribution of products, HF5410-5417.5, Consumer Behaviour; Contactless Mobile Payment; Restaurant Industry; Vietnam, 40200, vietnam, HD28-70, Wirtschaftssektoren, contactless mobile payment, Vietnam, restaurant industry, Consumer Behaviour, N7, Management. Industrial management, L83, ddc: ddc:330

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This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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