Technology Acceptance of a Gold Dinar Based Electronic Payment System ()
Abstract
This study is intended to solve a few constraints existed in physical gold dinar when used as a form of payment. One dinar is equal to 4.25 gram of fine gold. Specifically, this work proposes the use of e-commerce technology to solve those constraints. But before the actual system can be implemented, this research seeks to find out whether or not the public would be ready to adopt the concept of an electronic dinar payment system. The research framework is based on Unified Theory of Acceptance and Use of Technology (UTAUT) [1]. It measures the user acceptance based on these constructs; performance expectancy, effort expectancy, social influence, facilitating conditions, behavioral intention to use. In addition, anxiety and perceived credibility are added as two new constructs. Data collection is based on a questionnaire survey. From the descriptive analysis results, it is discovered that most of the respondents participated in this survey generally agree with the idea of using the proposed dinar based payment system (mean rating of above 4.00).
Share and Cite:
M. Muhayiddin, E. Ahmed and H. Ismail, "Technology Acceptance of a Gold Dinar Based Electronic Payment System,"
iBusiness, Vol. 3 No. 3, 2011, pp. 295-301. doi:
10.4236/ib.2011.33039.
Conflicts of Interest
The authors declare no conflicts of interest.
References
|
[1]
|
V. Venkatesh, M. G. Morris, G. B. Davis and F. D. Davis, “User Acceptance of Information Technology: Toward a Unified View,” MIS Quarterly, Vol. 27, No. 3, 2003, pp. 425-478.
|
|
[2]
|
N. Barisheff, “August 15, 1971: Inflation Unleashed,” 2006. http://www.bmgbullion.com/document/316
|
|
[3]
|
N. Lewis, “Gold, the Once and Future Money,” John Wiley & Sons, New Jersey, 2007.
|
|
[4]
|
Kitco Inc., “Past Historical London Fix,” 2011.
http://www.kitco.com/gold.londonfix.html
|
|
[5]
|
A. K. M. Meera, “The Islamic Gold Dinar,” Pelanduk Publication, Selangor, 2002.
|
|
[6]
|
J. Turk and J. Rubino, “The Coming Collapse of the Dollar and How to Profit from It,” Currency Doubleday (Division of Random House Inc.), New York, 2004.
|
|
[7]
|
S. Leeb and G. C. Strathy, “The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel,” Warner Business Books, New York, 2006.
|
|
[8]
|
D. Paarlberg, “An Analysis and History of Inflation,” Praeger Publishers, Connecticut, 1993.
|
|
[9]
|
D. R. Compeau and C. A. Higgins, “Computer Self-Efi- cacy: Development of a Measure and Initial Test,” MIS Quaterly, Vol. 19, No. 2, 1995, pp. 189-211.
|
|
[10]
|
Y. S. Wang, Y. M. Wang, H. H. Lin and T. I. Tang, “Determinants of User Acceptance of Internet Banking: An Empirical Study,” International Journal of Service Industry Management, Vol. 14, No. 5, 2003, pp. 501-519.
doi:10.1108/09564230310500192
|