Payment Options Research Articles

A study on consumers satisfaction in online food purchasing during COVID-19

The COVID-19 situation changed the consumer lifestyle dramatically. The study's goal was to determine the level of consumer satisfaction with online food purchasing during COVID-19. Data collection was done using a pre-tested interview schedule. Random sampling technique was used to collect the data from 125 sample respondents. This study is limited to Coimbatore city. Tools used for analysis were percentage analysis, Friedman test ranking method. The study revealed that consumers are highly satisfied with the quick delivery process, different payment options, order booking procedure is easy, and the availability of a greater number of restaurants.

Konut Finansmanı Kredilerinde Erken Ödeme Müessesesinin Sonuçlarına Yönelik Bir Değerlendirme (A Comparative Review of the Early Payment Results in Housing Loans)

The aim of the study is to reveal the function of the early payment option after the end of the downward trend in housing loans rates in Turkey. The compensation application limits the expected benefits, and this study wants to analyze and evaluate this situation comparatively on a real loan example. In this study, it compares with a real housing and consumer loan example and deals with this issue. The most rational way for customers is not to pay the housing loan early. Rational customers will prefer to direct their existing investable funds to time deposits with rising interest rates. This gives them the opportunity to get rid of some of their loan debt with the deposit interest income they will provide within the payment plan. This means that existing loans become more advantageous for customers. However, considering that this advantage will indirectly create a burden on the general economy, it is essential that the relevant market makers and oversight boards make the necessary regulations regarding this issue. Another important point is that the regulation to be made in this regard will theoretically increase the demand for the Turkish lira and will be supportive in terms of monetary and fiscal policy management.

TRUST AND PURCHASE INTENTION ON ONLINE SHOPS AMID COVID 19 PANDEMIC: AS BASIS FOR REGULATORY POLICY

Online shops are inevitable. It is the future of commerce. The convenience it offers surpasses all previous platforms of exchange combined. During this pandemic, online shops have seen a tremendous business opportunity as it has become the only option to acquire necessities for survival amid lockdowns. The rise in the number of online shops is like mushrooms, sprouting everywhere, where there is almost no chance of knowing which are bogus and legitimate. Hence, skeptical minds begin to question the security of online purchases. Many fears, but some are confident. This paper presents the primary demographical distribution of the online customers, preferred payment options, level of trust in online shops, and, more importantly, shows customers’ purchase intentions towards different shop characteristics. It was concluded that the e-commerce industry in the country enjoys a relatively high trust rating among its customers. And that customers have higher purchase intention to shops that offer cash on delivery, fast delivery time, responsive customer service, accessible to both web and apps, and sell cheap products.

Security and Privacy Based NFC Wallet Design

With the Covid-19 pandemic, contactless and remote payment options have started to be used more widely. NFC technology is also used for contactless payment. In this study, it is aimed to create a payment system using NFC. The design of the payment system used a portable NFC, an Android phone with version 4.4 or higher, an NFC card, Firebase database from Google, and tokenization. We can define tokenization as generating a random string of text with your credit card number. First of all, the developed application must be downloaded and installed on the phone. With this application, the phone will act as a POS machine. Users can use the phone as a POS and make transactions using it. In this system, only a random text string will be visible in an unauthorized access to the database. In this way, security and confidentiality are provided in the system.

From cradle to grave? On optimal nuclear waste disposal

This paper analyses socially optimal nuclear plant operation and nuclear waste management. Two waiting rules are derived: the first characterizes the optimal continuation of electricity production, and the second gives the optimal nuclear waste disposal date. Both rules balance the cost and benefit of either continuing production or delaying waste disposal into a deep geological repository. In addition, multiple regulatory options are investigated. The optimized waste storage and disposal cost forms the payment that should be collected from the nuclear power firm into a nuclear waste fund. The properties of this payment and other regulatory options including a tax to be paid at the shutdown date of the plant are investigated, and it is shown that the money can be collected by a plant-specific constant fee targeted at firm’s profit or output. Numerical illustration shows that waste disposal to a deep geological repository is a cost-minimizing solution only with very low interest rates. For interest rates above one percent it is optimal to store the waste in an on-ground storage facility in perpetuity.

Real-time payments are transforming economies and lives: Initial evidences from select countries

Retail real–time payments — also known as fast payments or real-time payments — are becoming mainstream, with over 56 countries already having them and many others at various stages of implementation. Real-time payments are transforming economies by providing additional payment options for a variety of use cases, and its usage is gaining momentum. This paper analyses the reason for such wide acceptance of real-time payments using the Technology Acceptance Model (TAM), the economic impact of real-time payments in select countries, its impact on financial inclusion and concludes by providing some insights on how real-time payments are changing lives on the basis of ethnographic studies carried out in select countries.

Pricing strategies for blockchain payment service under customer heterogeneity

The growing popularity of cryptocurrency payment among supply chain members have resulted in considerable waiting in blockchain payment services. In response, service providers offer “priority payment” which allows users to pay additional transaction fee in exchange for priority transaction processing. Despite its growing popularity, there is very limited formal research that studies this service and its impact. In this paper, we examine the impact of the priority option on SC members' blockchain payment service adoption behavior, payment service provider's strategies, as well as his revenue generation. We find that offering priority blockchain payment option increases heavy members' usage of the option and reduces their usage of the waiting blockchain payment option. On the other hand, it boosts certain light players' usage of both blockchain payment services when the transaction fee rate is not too high. The service provider should charge a lower (higher) transaction fee rate if the trust-enabling rate of the priority blockchain payment option is relatively high (low). Finally, we demonstrate that offering priority blockchain payment option actually reduces his revenue when the trust-enabling rate of the option is sufficiently low. Thus, blindly charging transaction fees actually does more harm than good to the service providers.

RETRACTED ARTICLE: Small and medium-sized enterprises' contribution in digital technology

Researchers have mentioned the importance of digitization in improving efficiency and productivity in Small and Medium Enterprises (SME). Fortunately, there is no proof that Digitization can be used to deal with the outcome of severe incidents like COVID-19. The research paper suggested that the increased rate of SMEs has increased significantly. This was entirely due to the advent of Digital Technology (DT). In this way, both product and the process become more automated in digitalization, resulting in increased quality and demand. Considering the high scope for higher development, India's SME sector still has much space for new digital technologies to be integrated. This paper addresses the main scenario of SMEs in India and their benefit in GDP. Also, the research includes a brief analysis of CRM applications and digital payment options in SMEs.

Food delivery apps (FDAs) in Asia: an exploratory study across India and the Philippines

PurposeThis study explores and compares the reasons for or against including situational triggers on the adoption of food delivery apps (FDAs) across lesser-researched Asian countries like India and the Philippines.Design/methodology/approachThe study utilises a qualitative research methodology using focus group discussions and interviews across each country.FindingsRespondents from India highlighted the importance of convenience, aggressive discounts, app service quality, fulfilment and multiple payment options as the key reasons for adopting the FDAs. However, these factors require redressal in the Philippines context. Also, the study findings highlight some country-specific requirements: in the Philippines, food packaging, cheaper options provided by the local convenience stores and lack of variety of food options; in India, the impact of parental beliefs and segregated vegetarian food delivery.Practical implicationsThe study makes practical suggestions for consumer behaviour researchers, developers and marketers of FDAs who are confronted with challenges in app development for a multi-cultural audience and to ensure growth and the adoption of the FDAs across the two countries.Originality/valueThis is one of the first studies to compare diverse national markets to uncover differences and similarities in the factors impacting the adoption of FDAs. The results highlight the impact of varying levels of evolution of FDAs and social, technological and cultural contextual differences on the adoption of the FDAs across India and the Philippines.

When the Physician Becomes the Caregiver: A Review for Physicians Caring for Their Elder Relatives.

When the Physician Becomes the Caregiver: A Review for Physicians Caring for Their Elder Relatives.

Organizational and economic aspects of triplet therapy of relapsed/refractory multiple myeloma in the Russian healthcare setting

Background. The introduction of innovative drugs has significantly increased the treatment effectiveness in patients with relapsed/refractory multiple myeloma (RRMM), but the question of whether these expensive options can be financially secured remains open.Objective: to assess the cost of triplets of targeted drugs ixazomib, carfilzomib, elotuzumab and daratumumab with lenalidomide and dexamethasone used in the treatment of RRMM, and to determine possible payment options for this therapy at the level of the Russian Federation subjects.Material and methods. The cost of an annual course of treatment with the studied regimens with centralized purchases and the cost of targeted drugs per hospitalization case were calculated based on the maximum registered prices, recommended doses and treatment regimens. The normative legal acts regulating the payment of drug therapy for multiple myeloma were analyzed and possible financing channels and their limitations were identified. Using the example of the Volgograd and Saratov Regions, tariffs under the compulsory medical insurance system were calculated and their sufficiency in covering the cost of targeted therapy was estimated.Results. The cost of an annual course of triplet therapy per patient in the case of centralized procurement of drugs ranged from 5.51 million rubles (regimen with ixazomib) up to 8.03 million rubles (regimen with carfilzomib). The cost per hospitalization, depending on the number of doses, ranged from 80,667–242,000 rubles (ixazomib, 1–3 doses) in the Saratov Region up to 239,618–958,472 rubles (daratumumab, 1–4 doses) in the Volgograd Region. Possible reimbursement channels are High-Cost Nosologies (HCN), Obligatory Medical Insurance (OMI) and Regional Drug Coverage (RDC) programs, nevertheless triplet therapy cannot be purchased via the single channel and the combination of them is required. It has been shown that, in most cases, the costs for a case of targeted drug treatment in studied regions are covered by the average tariff for the corresponding diagnosis-related group (DRG), except for cases with a maximum duration in a day hospital setting. An analysis of the RDC lists and the procurement of drugs in the studied regimens at the expense of regional budgets showed that lenalidomide, ixazomib, carfilzomib, elotuzumab and daratumumab are included in the restrictive list in regions 77, 74, 66, 63 and 47, but they are purchased only in regions 15, 24, 6, 4 and 6, respectively.Conclusion. The use of a triplet with ixazomib is characterized by the lowest costs, which indicates its greater economic attractiveness relative to carfilzomib, daratumumab and elotuzumab in the treatment of patients with RRMM. The tariffs established in the current DRG model retain the possibility of paying for treatment with the high-cost medicines at the expense of the OMI funds in combination with the HCN or RDC programs. There are reasons to believe that the expansion of the list of 14 HCN program will increase the provision of patients with highly effective therapy and also reduce the financial burden on the regions.

Patients satisfaction with healthcare delivery in Ghana

BackgroundThe service industry has been an evolving sector and a great concern to providers ensuring continuously that clients’ satisfaction is met. Hence, the importance of patient satisfaction in the healthcare sector. This study focused on the satisfaction of women with the delivery of health services in Ghana and aims to be different from other studies which has focused on patient satisfaction with urban and rural health services, regional health services and health insurance. Our study examines the percentages of satisfaction with the multiple outcomes defined and identifies the key health system and demographic related factors associated with women satisfaction.MethodsThis study used data from the 2014 Ghana Demographic and Health Survey and a total of 12,831 households were systematically selected with reproductive women aged 15–49 years eligible for interview. Data for this study was analysed quantitatively using descriptive statistics, chi square and regression analysis. A total of 3648 women were included in this study and the final analysis thus involved a weighted sample of 3507 women. Satisfaction indicators were put together into SERVQUAL dimensions in the study and reliability test run using Cronbach Alpha (α). All data analyses were carried out in STATA 13.0. The adjusted odds ratios (AOR) with their corresponding 95% confidence intervals (CI) were calculated.ResultsAnalysis showed that independently, education and religion were significantly associated with service reliability, overall satisfaction and responsiveness. Payment option was also associated with responsiveness and tangibility dimensions. Furthermore, place of residence was independently associated with responsiveness, tangibility and overall satisfaction. Finally, maternal age, region, provider friendly, ease of getting care and opening hours were all independently associated with reliability, responsiveness, tangibility and overall service satisfaction at the multivariable level.ConclusionsDimensions of service quality which focus on patient-centered atmosphere and efficient service delivery system should be integrated and strengthened by hospital management in order to increase patient satisfaction. Key maternal characteristics and health system related factors were revealed to have positive association with patient satisfaction with health services delivery and this cannot be ignored by health care managers in ensuring that systems are improved for better health care.

Gesture Based Shopping Cart With Automated Billing System

Shopping is the process of purchasing the needs from the Grocery stores and Shopping Carts are useful for humongous offline purchases done by customers. These days online shopping is on trend. So People are always motivated to purchase their needs directly from grocery stores and get them without any time delay. Here, we come up to make their shopping more convenient by turning the simple shopping cart into a smart cart. In this paper Gestures based shopping cart is going to be an encouragement in the field of supermarkets. A customer need to purchase their groceries in the supermarket. When we go to the supermarket, we need to spend time locating the product and also it seems to be hectic to stand in a queue for billing and payment. Here, we have proposed to develop a smart trolley which is improvised by automated moving, automated bill generator with payment options and locate items easily using a map. Gestures, Display, Image Processing & Motion Detection are the concepts under Gestures based shopping cart.

Smart Bus-Pass System using Android Application

The main aim of this paper is to introduce the android based app for registration and renewal of bus pass.it is very easy process for passengers to apply for bus pass. We have added the online payment option for the users to apply bus pass. Passengers don’t have to go to bus depot for bus pass and it reduces the paperwork.

SOSIALISASI MAHASISWA INDO GLOBAL MANDIRI PENGEMBANGAN COFFEE SHOP KOPI EKSIS PKM MENGGUNAKAN E-COMMERCE

This research aims to expand the existing coffee sales network from offline channels to include e-commerce platforms, specifically utilizing social media accounts. In the modern era of rapidly developing technology, new innovations have captivated the interest of young people. Coffee shops have evolved to offer modern facilities, a diverse food menu, e-money payment options, and fast, free internet access, all of which attract young customers. Eksis Coffee is situated in Palembang, at the heart of the city's trendy and modern red-eye area, although it remains relatively unknown due to its location on the outskirts. Young people perceive coffee shops as prestigious, offering practicality and convenience compared to simpler alternatives. This adoption of a new lifestyle serves to establish one's identity in the surrounding environment, particularly among young individuals who heavily rely on social media.

The Use of Electronic Customer Relationship Management (E-CRM) Features through Hotel’ Website to Enhance Customer Loyalty and Brand Image

Despite the tremendous importance of electronic customer relationship management (eCRM), customer loyalty, and brand image in the hospitality industry, literature has revealed limited research into this aspect in hotels. The study objectives are to explore the influence of using eCRM practices (ease of use/navigation, information quality, personalization level, payment options, site security and privacy policies, reservation and tracking, price attractiveness, and multimedia features,) to enhance customer loyalty and brand image in hotels. A conceptual framework for the study was constructed based on the pertinent literature and pilot study. The study relied on questionnaires as a tool for data collection. The survey was compiled based on previous studies, and it was distributed to hotel guests in twenty different five-star hotels in Great Cairo. The researchers distributed 400 questionnaires to a random sample of hotel’ guests in 20 hotels, 277 were valid, with an acceptable response rate of 69.25%. The valid data was analyzed through (SPSS V.25) and Structural Equation Modeling (SEM) using (AMOS V.20). The findings revealed that ease of use / navigation, information quality, personalization level, payment options, site security and privacy policies, reservation and tracking, and price attractiveness significantly impact customer loyalty in hotels. Also, customer loyalty significantly affects the brand's image. Additionally, electronic customer relationship management (eCRM) through customer loyalty significantly impacts the brand's image.

A Literature Review on Agriculture

This paper focuses primarily on the design and application of a new topology in the view of agriculture in modern world. This system presents a web base application to provide assistance and door service to farmers. The goal of the system is to develop and incorporate a system that takes order from remote farmers in terms of soil sample, fertilizer, seeds, crops and provide them door service. The system also has an inbuilt payment gateway to provide hassle-free online payment option

Accumulative pension system: current issues

Problem setting. The pension system is an area in which economic and social relations are intertwined. Its functioning depends on external and internal factors, at the same time the pension system itself has a very diverse impact on various processes of society, including the processes of reproduction of labor. We must state that the process of reforming the pension system in Ukraine has always been too politicized, which has led to inconsistent actions and unsatisfactory results in the long run. None of the Ukrainian governments has been able to achieve a decent standard of living for the elderly at an affordable price. The large deficit of the Pension Fund - the gap between pension obligations to retirees and income, continues to threaten economic stability and push to the background the necessary investments in health care, education, infrastructure and defense. Target of research is to reveal current issues related to the introduction of the funded pension system. Analysis of resent researches and publications. Researchers such as V. Zhernakov, V. Kostyuk, O. Protsevsky, A. Slyusar, M. Shumylo, V. Shcherbyna, and others were engaged in research in the field of pension provision. Article’s main body. The article covers the issues of levels that exist in the pension system of Ukraine. The essence of the functioning of the solidary pension system is revealed. These problems that currently exist regarding the pension provision of citizens are mentioned. The system of voluntary non-state pension provision is described, it is indicated that it is based on non-state pension funds. It is determined that the accumulative pension system is based on mandatory pension insurance, which is based on the principles of the distributive and accumulative pension system. Emphasis is placed on the fact that the funds that will accumulate in the pension accounts of citizens will be the property of these citizens. It is concluded that the process of reforming the pension system in Ukraine has always been too politicized, which has led to inconsistent actions and unsatisfactory results in the long run. The author outlines a number of fundamental issues regarding the construction and implementation of the funded pension system in Ukraine. It is noted that funded pension systems of the second level with defined contributions can demonstrate different construction options, active or passive investment strategies, investment choice options and investment managers and payment options. It is concluded that mandatory pension systems, both state solidarity and fully or partially accumulative, are only tools that determine the method of distribution of future consumption between economically active and inactive members of society. There are a number of prerequisites that are necessary for the effective implementation of the mandatory funded pension system. Conclusions. Our state must still introduce a funded pension system, because the solidarity system has experienced a crisis, and the pension provision of our citizens must be decent. There must be a reasonable approach to its effective implementation, and, of course, citizens' awareness and confidence in their retirement future.

Post Covid impact of E-commerce on consumers

India has become one of the growing hubs of e-commerce. The Asia based surveys show that the after the pandemic, the frequency of weekly purchase has increased from twelve percentage before Covid to seventeen percentage online purchase after the pandemic. The internet usage in India has reached more than six hundred million by Jan 2021 according to report. The expected growth of e-commerce in India is two hundred billion by 2026. This is evident of the growth that is happening even during this Pandemic period in online purchase. This research paper tires to extract the factors that led to online purchase in this pandemic period. The findings were similar to some previous studies done in this area which supported scope of this research. The association between gender and preference for online purchase was also tested. The test done were Factor analysis and Chi Square test using SPSS 23. The findings brought out the factors like- convenience, payment options, offers etc which were some of the key variables in online purchase.

LOOKING FOR LEADERS IN THE PRESENT CRISIS AND BEYOND

AbstractThe author details his research based on his book Out‐Innovate: How Global Entrepreneurs—from Delhi to Detroit—Are Rewriting the Rules of Silicon Valley. In it, he explores the “unique strategies these rising companies are using to scale and succeed in some of the most challenging and unforgiving ecosystems.” He discusses the need for leaders to keep the long‐term mission in mind, and that the “best leaders know that they need diversity of thought and opinion in order to navigate the difficulties that arise.” He believes that the lessons derived have applicability for leaders in all sectors of society, especially in difficult times; those we face now and are likely to face in the future. He draws on examples from such executives as David Rosenberg, the CEO of AeroFarms, a leading vertical farming startup; Mike Evans, co‐founder of Grubhub, a food delivery business based in Chicago; Adolfo Babatz, CEO and co‐founder of Clip, which offers small businesses in Mexico digital payment options; and Lyndsay Handler, CEO of Fenix International, an energy startup based in Uganda. The author advises that “leaders should not take lessons as set in stone. The playbook must be evolved to changing conditions.”