THEORETICAL FRAMEWORK AND HYPOTHESIS

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Figure 1: Theoretical Framework for convenience, security and rewards towards adoption of cashless


Hypothesis

H1: Convenience has a positive relationship with the adoption of cashless payment.

H2: Security has a positive relationship with the adoption of cashless payment.

H3: Reward has a posith the adoption of cashless payment. 

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Summary of Demographic data Demographic Factors Categories Frequency Percentage (%) Gender Male 167 52.2 Female 153 47.8 Total 320 100 Age 18-30 101 31.6 31-40 124 38.8 41-50 63 19.7 51-above 32 10 Total 320 100 Occupation Student 63 19.7 Employed 123 38.4 Unemployed 31 9.7 Self-employed 81 25.3 Retired 22 6.9 Total 320 100 Do you consider yourself to be an active user of e-payment? Yes 261 81.6 No 59 18.4 Total 320 100 How often do you use e-payment in a month? Only once 55 17.2 5 to 10 times 112 35 More than 10 times 153 47.8 Total 320 100 Reliability Test No. Variable Cronbach's Alpha N of Items Interpretation 1. Rewards 0.910 5 Very good reliability 2. Convenience 0.934 6 Very good reliability 3. Se
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