Factors Determining the Acceptance of Payment Methods by Online Shops in Poland

Polasik, Michał; Fiszeder, Piotr

doi:10.2139/ssrn.1541202

Cited by 14 publications

(14 citation statements)

References 39 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Further, this study found few important facts regarding the COD payment method such as an increase of the frequency of online shopping leads to a slight increase in using cash-ondelivery as a payment method, the more important the factor of the online seller's reputation is, the lower the likelihood of preference for a COD payment method and local origin of the online seller increases the preference COD payment method (Pencarelli, et al, 2018). Polasik & Fiszeder (2010) analyzed factors influencing the acceptance of the seven major payment methods by the polish managers of online shops and the results of this study demonstrated that a shop's strategy of using traditional and electronic distribution channels, preferences of online shop managers, the involvement in online auctions and cross-border sales have significant influences on its acceptance of particular payment methods.…”

Section: Cash On Delivery Services In the Global Contextmentioning

confidence: 78%

Critical factors influencing online consumer preference towards cash on delivery method in Sri Lanka

Karunarathna¹

2021

jrems

View full text Add to dashboard Cite

With the rapid technological advancements, E-commerce deliveries in Sri Lanka have been flourishing tremendously. However, payments have still been identified as one of the main obstacles to the developments of the E-commerce sector. The Cash on Delivery (COD) method has played a significant role in driving the growth of the E-commerce industry and accounts for more than 60% of all E-commerce transactions in Sri Lanka. Although COD is so important, many companies still waver with its processes as it has become a notoriously problematic area in terms of on-time and successful deliveries. Hence, the purpose of this study was to investigate the critical factors influencing online customers' preference of cash on the delivery method to provide insights into the management of E-commerce and logistics industries on the usage of appropriate payment methods for E-commerce transactions. This empirical study is based on the primary data obtained through a survey conducted among Sri Lankan online customers. The data were analyzed using the Partial Least Squares–Structural Equation Modelling technique. Consequently, 'Sri Lankan origin of the online seller,' 'Selling specialized products by the online seller,' 'Availability of wide choice of payment methods,' 'Offering a wide assortment of foreign products by the online seller,' 'Lack of trust on online payments' has been identified as the critical factors influencing Sri Lankan online customers' preference of cash on delivery method.

show abstract

Section: Cash On Delivery Services In the Global Contextmentioning

confidence: 78%

Critical factors influencing online consumer preference towards cash on delivery method in Sri Lanka

Karunarathna¹

2021

jrems

View full text Add to dashboard Cite

show abstract

“…The results of the author's regression analysis revealed that while the merchant's revenue and the number of employees are significant explanatory variables, the cost of card payments also influences card acceptance. Arango and Taylor (2008) investigated card acceptance decisions in the Canadian market, primarily focusing on merchant perceptions, whereas Polasik and Fiszeder (2014) studied the payment method acceptance decisions of online shops. The lion's share of empirical studies, however, concentrates on consumers' card usage rather than the supply side (Bolt 2008(Bolt , 2010Borzekowski 2006).…”

Section: Processing the Literaturementioning

confidence: 99%

Acceptance of Payment Cards by Retailers in Hungary Based on Data of Online Cash Registers

Ilyés¹,

Varga²

2018

Hitelintézeti szemle

View full text Add to dashboard Cite

In our study we examined payment card acceptance in the Hungarian retail sector based on a receipt-level, detailed dataset derived from online cash registers. The main objective of our research was to identify the primary explanatory variables and to test conventional card acceptance hypotheses. For the purposes of our analysis, we relied on anonymised online cash register data provided by the National Tax and Customs Administration (NTCA) for the year 2016. Covering an extremely broad section of the Hungarian retail sector, with nearly 3.8 billion data points the database provides a basis for complex and robust analyses. We tested storelevel monthly aggregate data with county and network attributes. Based on the robust results of the research, we found that store size can be considered the most important explanatory variable behind card acceptance decisions; however, the correlation is not linear. The marginal effect of size is negligible among small and large-sized stores, but there is a strong positive correlation among mid-sized stores. We also analysed the effect of the store's customer base and other attributes, and although numerous effects proved to be statistically significant, they wielded negligible influence in card acceptance decisions. On the other hand, being open on Sundays-a subjective variable that was used as a proxy for store ownership-had a significant negative effect on card acceptance decisions.

show abstract

“…An electronic payment system is defined as any type of payment methods that use Information and Communications Technology (ICT), including cryptography and telecommunication networks [5]. The most popular form of online payment that people used in the world is credit card [6], [7]. As globally, bank transfer is still second popular as online payment method.…”

Section: A Electronic Commerce Payment Systemmentioning

confidence: 99%

“…As globally, bank transfer is still second popular as online payment method. However, in North America, online payment gateway providers like PayPal become as second popular of online payment method [7]. It seems like in some developed countries, the use of online payment gateway providers or payment mediates already common.…”

Section: A Electronic Commerce Payment Systemmentioning

confidence: 99%

A Preliminary Study of Merchants’ Intention to Adopt Online Payment Gateway in Indonesia

Widjaja¹,

Tedjawidjaja²

2012

IJFCC

View full text Add to dashboard Cite

Factors Determining the Acceptance of Payment Methods by Online Shops in Poland

Cited by 14 publications

References 39 publications

Critical factors influencing online consumer preference towards cash on delivery method in Sri Lanka

Critical factors influencing online consumer preference towards cash on delivery method in Sri Lanka

Acceptance of Payment Cards by Retailers in Hungary Based on Data of Online Cash Registers

A Preliminary Study of Merchants’ Intention to Adopt Online Payment Gateway in Indonesia

Contact Info

Product

Resources

About