Mobile wallet adoption: a perceptual study of students in UM Peñaplata college

Abstract

This research study, Mobile Wallet Adoption: A Perceptual Study of Students at UM Peñaplata College, assessed students' perception of mobile wallet adoption. The study used a descriptive-comparative research design, and the statistical tools were frequency, percentage, mean, t-test and analysis of variance. Survey questionnaires were used and distributed to 202 BSBA Major in Financial Management students of UM Peñaplata College. The result showed that the students' perceived level of mobile wallet adoption had a high mean score of 4.08, which meant that the respondents' adoption of mobile wallets was highly evident. In addition, the perceived usefulness of mobile wallets greatly influences students' adoption. Furthermore, it was revealed that there is no significant difference in the perception level of mobile wallet adoption when grouped in terms of the respondents' ages. Likewise, the males and the females perceived and adopted mobile wallets similarly. Hence, there was no significant difference in the perception level of mobile wallet adoption when grouped in terms of sex.