IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-433-4_27.html

A Study on Gen Z’s Adoption and Intention on Digital Wallet in Allusion to Green Banking

In: Proceedings of the International Conference on Digital Transformation in Business: Navigating the New Frontiers Beyond Boundaries (DTBNNF 2024)

Author

Listed:
  • V. Rajeswaree

    (Technology and Advanced Studies, School of Management Studies, Research Scholar, Vels Institute of Science)

  • V. Jayanthi

    (Technology and Advanced Studies, School of Management Studies, Associate Professor, Vels Institute of Science)

Abstract

In addition to the broad spectrum of financial services and goods that banks provide, green banking refers to the environmental and social responsibility of banks with regard to role they play in ensuring the sustainable growth of the environment and ecological systems. As a result, all sectors of the Indian economy, including the banking sector, now have a pressing need to address the urgent problem of environmental degradation driven on by climate change. This was taken into consideration when Green Banking was first introduced in the state of Florida in 2009 and then implemented in India. Moving all financial services and transactions online is digital banking. Services including opening a bank account, transferring money, and making withdrawals are offered by digital banking. Most work is done by machines. One of the innovations of the FinTech evolution which has been further amplified by the global COVID-19 outbreak is digital wallets. Recognizing the legitimacy factor for digital wallets is so crucial. Significant knowledge and research gaps emerge as this technology develops. Prior research on digital wallet adoption has not taken into account the significance of self-efficacy and motivation. Certain age groups are not given enough attention, like Gen Z, which is currently setting the standard for emerging technologies. The purpose of this study is to fill in the gaps on the understanding of digital wallet acceptability by focusing on motivation, self-efficacy through green banking for Gen Z. So The questionnaires were distributed through online among 251 respondents in Chennai city. Factor Analysis and simple percentage analysis tools were used to analyze the study. While there's a relationship between each Factor factorability of the correlation matrix, the model's predictive power might benefit from additional variables.

Suggested Citation

  • V. Rajeswaree & V. Jayanthi, 2024. "A Study on Gen Z’s Adoption and Intention on Digital Wallet in Allusion to Green Banking," Advances in Economics, Business and Management Research, in: N. V. Suresh & P. S. Buvaneswari (ed.), Proceedings of the International Conference on Digital Transformation in Business: Navigating the New Frontiers Beyond Boundaries (DTBNNF 2024), pages 371-382, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-433-4_27
    DOI: 10.2991/978-94-6463-433-4_27
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6463-433-4_27. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.