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Risky Business: Perceived risk, trust and the use of E-Banking
Conference paper   Open access

Risky Business: Perceived risk, trust and the use of E-Banking

D.H. Wong, C. Loh, B. Turner, R. Bak and K.B. Yap
Australian & New Zealand Marketing Academy Conference (ANZMAC) 2009 (Melbourne, VIC, 30/11/2009–02/12/2009)
2009
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Abstract

The relationship between online risk and trust is a complex one. Existing studies have produced mixed results on the role of perceived risk in transacting online and trust of the online service provider. This study examines perceived risk as a moderator between consumer’s trust of a bank’s e-banking website and their willingness to use e-banking. The role of perceived risk as a moderator was not supported. Rather results show that a consumer’s willingness to use e-banking depends on the consumer’s perception of risk in transacting on the internet. Trust of the specific e-banking website was found to be the moderator instead. Therefore banks should educate their customers and manage general consumers’ perception of the risks in transacting on the internet.

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