21ST century payment channels and the Nigerian ICT sector's performance

International journal of social sciences

View Publication Info
 
 
Field Value
 
Title 21ST century payment channels and the Nigerian ICT sector's performance
 
Creator Benedicta, Owonye
 
Subject 21st century payment channels
gross domestic product (GDP)
ICT sector’s performance
Nigeria
 
Description This study seeks to empirically investigate the effect of the 21st Century Payment Channels on the internet and Communication Technology (ICT) Sector’s performance in Nigeria from 2012 to 2019. Variables used to measure 21st Century Payment Channels include the volume of automated teller machines, mobile banking, electronic banking, point of sales, and real-time gross settlement while ICT Sector's performance was measured by Contribution of the ICT sector to Gross Domestic Product (GDP). Data were sourced from the CBN Statistical bulletin for the various years under study. The hypotheses of the study were tested using SPSS 23.0 to regress the dependent variable against the independent variables. On the whole, the study discovered that the 21st Century Payment Channels did exert any significant impact on the ICT Sector's performance in Nigeria. Specifically, the result revealed that both the volume of Automated Teller Machines and mobile banking have a negative insignificant impact on ICT Sector's performance. Further, Electronic Banking, Point of Sales, Real-Time Gross Settlements have a positive insignificant impact on ICT Sector's performance in Nigeria.
 
Publisher SLOAP
 
Date 2021-08-24
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://sloap.org/journal/index.php/ijss/article/view/1736
10.31295/ijss.v4n2.1736
 
Source International journal of social sciences; Vol. 4 No. 2 (2021): International Journal of Social Sciences; 293-302
2632-9409
10.21744/ijss.v4n2.2021
 
Language eng
 
Relation https://sloap.org/journal/index.php/ijss/article/view/1736/551
 
Rights Copyright (c) 2021 International journal of social sciences
http://creativecommons.org/licenses/by-nc-nd/4.0
 

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