Electronic money trends : user's perspective
Sova, Kristina (2013)
Sova, Kristina
Turun ammattikorkeakoulu
2013
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201303062970
https://urn.fi/URN:NBN:fi:amk-201303062970
Tiivistelmä
Electronic money shows the potential to increase the efficiency of existing payment systems. Ecash possesses a number of advantages that could make it more attractive in comparison to other means of payment. At the same time, e-money use can hide serious risks that could turn into significant financial losses for its users. To understand the essence of e-money it is necessary to see the whole story of money genesis. People always aimed at simplifying financial relations that provide guarantees of stability, reduce transaction costs associated with the money exchange. With the development of virtual economy, we can observe a change of traditional commercial relations in favor of intangible sphere, which is associated with the development of scientific and technological progress and corresponding changes in economic relations in society. Despite huge interest shown nowadays to electronic money, one rarely can find any information about what place e-money will possibly have in future, how customers see the whole process of e-money use, is it really the most popular money type for future economy or not. And in fact this is the key to determine the feasibility and effectiveness of e-money. Initial objective of this research was to explore the origin of e-money and its modern and possible future position from general user’s point of view. After that the empirical study was conducted in the form of questionnaire between business students in TUAS (Turku University of Applied Sciences) and social media public. The findings of this research showed that most of the respondents are interested in future electronic money development. They are open to new possibilities and technological innovations, didn’t encounter a lot of troubles associated with e-money use and look forward to becoming stable customers of e-currency systems.