Title: Analysis of effect of perceived cybercrime risk on mobile app payments

Authors: Abhishek Behl; Abhinav Pal; Chandan Tiwari

Addresses: Shailesh J. Mehta School of Management Indian Institute of Technology Bombay, India ' Symbiosis Centre of Management Studies, Noida, 201301, India ' Symbiosis Centre of Management Studies, Noida, 201301, India

Abstract: The evolution of e-commerce has reformed the way in which business is done. However, security issues pertaining to online transactions have posed limitations to its expansion. The present study uses technology acceptance models coupled with cyber criminology to expose the factors responsible for deviation of risk-averse customers from having frequent access to online transactions. Data is collected for tier-1 cities in India owing to higher rate of diffusion of mobile application-based payments. Structural equation modelling is used to test the hypothesis. It is found that perceived risk of cybercrime adversely affects the usage of apps for transacting online. Cybercrime risk inversely impacts the confidence of users and thus their tendency of using mobile apps for payments. Strong correlation is also found between victims of cybercrime and their frequency of usage before and after the crime. There is thus a need to address these issues to enable online merchants to retain their customers.

Keywords: cybercrime; mobile apps; tier-1 cities; India; consumer behaviour; technology acceptance model; TAM.

DOI: 10.1504/IJPSPM.2019.101062

International Journal of Public Sector Performance Management, 2019 Vol.5 No.3/4, pp.415 - 432

Received: 22 Feb 2018
Accepted: 15 Jun 2018

Published online: 05 Jul 2019 *

Full-text access for editors Access for subscribers Purchase this article Comment on this article