Study review

Name of the author and year of publication

Research objectives/research question

Key theory used

The methodology used (data collection and data analysis)

Key finding of the study

Limitations

Appiah & Agyemang

(_)

The research question of the study is to Can electronic payment system

replace existing payment systems and solve payment problems? How are customer attitudes

about electronic payments changing. What are the impediments to market development and

innovation in electronic payments?

The theory was used by the study. The theories explained in this chapter deals with the reasons why consumers adopt electronic

payment and whether this can alleviate some of the problems inherent in the traditional payment (cash payment). And whether electronic payment mechanisms have

reduced or eliminate the problems associated with cash payments in Ghana.

Data collection- The study was conducted in Africa in a city called Ghana.

The study has used ---- as sample size.

The study collected the data using questionnaire and interviews.

Data analysis – Regression-

Koraus, Dobrovic, Kljucnikov &

Gombar

(2016)

The research objectives of the study is to The study results can help the issuers of payment cards and banks as well as clients using payment cards, especially in order to increase

the prevention of misusage of payment cards and fraud.

The theory was used by the study. The theories explained that Credit card fraud continues to be a significant and dynamic risk to financial institutions. And to secure and maintain customers’ trust,

the financial institutions must prevent, detect, and respond to fraud risk.

Data collection- The study was conducted in Europe in a city called Slovakia.

The study has used 287 as sample size.

Svova

(2019)

The research objectives of the study is to conduct an investigation on the impact of digital payment system on the financial performance of FBC bank limited

The theory was used by the study. The theory explains that act as a guide to the research, helps in defining

the variables and the static relationship that infiltrate the focus of study, this includes direction for

examining the data and assists in choosing the appropriate research design.

Data analysis – Regression- ANOVA

The study found that the net profit of commercial banks increased steadily from 2011 to 2013 and a drop in 2014 than a steady increase from 2015 to 2017. The findings steadily since 2011 to 2017 and hence contributing to development of the banking industry as it improves financial profitability of the company.