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New Perspectives on Payment Systems: Near Field Communication (NFC) Payments Through Mobile Phones

New Perspectives on Payment Systems: Near Field Communication (NFC) Payments Through Mobile Phones
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Author(s): Iviane Ramos de Luna (The Capes Foundation, Ministry of Education of Brazil, Brazil), Francisco Montoro-Ríos (University of Granada, Spain)and Francisco J. Liébana-Cabanillas (University of Granada, Spain)
Copyright: 2018
Pages: 21
Source title: Mobile Commerce: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-2599-8.ch070

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Abstract

The technological developments in the mobile industry during the last few years have led companies to increase the functionalities of mobile phones. According to many authors in the field, the NFC mobile payment has become one of the payment systems of the future thanks to its numerous advantages. This chapter revises the importance of this payment system within the mobile commerce strategy that many companies are adopting. The model used in the research is based on the classic variables of the technological acceptance model, together with other variables from recent studies. The results obtained in this research show the decisive impact of perceived compatibility, attitude, and subjective norms on the future intention to use this system. Finally, the authors underline the main implications for management, as well as some strategies that strengthen this new business in the context of the new technical developments.

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