Factors affecting e-payment adoption in Nigeria

Roya Gholami, Augustine Ogun

Research output: Preprint or Working paperWorking paper


For e-commerce to be successful, an efficient e-payment system is the key. The use of formal payment systems also enhances the ability to execute and manage monetary policies, which is essential for a country’s financial sector. Although Nigeria is a regional leader, the usage of e-Payments is still very low despite its many benefits and also attempts by the financial authorities. This therefore calls for an urgent need to investigate the factors that affect individual’s intention to adopt e-payment in Nigeria so that steps can be fashioned out to improve the situation. A survey was conducted to get individual perceptions of e-payments through the use of questionnaires designed based on the theoretical model developed. The results showed that awareness, knowledge of benefits, ease of use, reliability, trust and security, acceptability, accessibility and social influence are the main factors that influence individuals’ intention to adopt e-payments.
Original languageEnglish
Place of PublicationBirmingham (UK)
PublisherAston University
ISBN (Print)978-1-85449-747-5
Publication statusPublished - Mar 2009

Publication series

NameAston Business School research papers
PublisherAston University


  • electronic commerce
  • electronic payments
  • adoption
  • technology acceptance model
  • unified theory
  • acceptance and use of technology


Dive into the research topics of 'Factors affecting e-payment adoption in Nigeria'. Together they form a unique fingerprint.

Cite this