This study focuses on the adoption of retail internet banking among consumers in the Klang Valley, Malaysia and the impact of demographics factors on such adoption behavior. This study adopts a quantitative approach using surveys conducted at banks. The results indicate that while the hypotheses...

Electronic banking and payment system automation has its origin from the year of 1950s itself. The Standard Research Institute and Bank of America in the United States put their hands together to bring out two significant innovations in the field of banking. Electronic Recording Method of...

This paper introduces cashless stores and cashless consumers into a model of interchange fees. Under this modification, the interchange fee set by the card organization exceeds the optimal level. Furthermore, the gap between this fee and the optimal fee increases with the fraction of consumers...