Case Study of Touch ‘n Go in Malaysia: Are You a User of E-Wallet?

Mei Qi Loke, Xue Li Lok, Yuerui Ma, Maisarah Farisah Binti Fadli, B. S. Sushen, Vaishnavi N., Ritika Yadav

Abstract


Touch ‘n Go is a Malaysian digital wallet and online transaction for making any payment that is available in the application. Malaysia has started to implement online payment through Touch ‘n Go which are available in the places that required money transactions such as grocery shops, restaurants and so on. We intended to examine how the six key factors: convenience, customer satisfaction, customer loyalty, e-wallet, brand awareness and service quality lead to users’ awareness of the usage of Touch ‘n Go in Malaysia. A total of 150 people participated in the online survey via Google Forms. The findings revealed the information regarding customer satisfaction with the quality of service provided and customer loyalty toward the brand. This research paper provides new insights, and some recommendations are presented to increase users’ awareness of the services provided by Touch ‘n Go.

 

Keywords:           brand           awareness, convenience, customer satisfaction, customer loyalty, e-wallet, service quality


Keywords


brand awareness, convenience, customer satisfaction, customer loyalty, e-wallet, service quality

Full Text:

PDF

References


Alagesh, T. N. (2020, January 13). Cashless payment: “It may not be well-received by the elderly.†New Straits Times.

https://www.nst.com.my/news/nation/2020/01/556069/cashless-payment-it-may- not-be-well-received-elderly

Andrews, P. (2021, October 26). Updated: Which app is leading the great Malaysian e- Wallet showdown? Loanstreet. https://loanstreet.com.my/learning- centre/ewallet-malaysia-comparison

Bernama. (2022, June 16). E-wallet usage increased by 131% in 2020. The Edge Markets. https://www.theedgemarkets.com/article/ewallet-usage-increased-131- 2020

Blockchains. (2018, February 1). Growing use of digital wallets [Summary of studies by country]. Retrieved February 13, 2020, from http://bcmy.io/blog/growing-use-of- digital-walletssummary-of-studies-by-country/

Boden, J., Maier, E., & Wilken, R. (2020). The effect of credit card versus mobile payment on convenience and consumers’ willingness to pay. Journal of Retailing and Consumer Services, 52(C), 101910.

https://doi.org/10.1016/j.jretconser.2019.101910

Komba, K. J., & Razak, K. A. (2021). Factors influencing customer retention for electronic wallet services in Malaysia. International Journal of Social Science and Humanity, 44–47. https://doi.org/10.18178/ijssh 2021.v11.1037

Liébana-Cabanillas, F. J., Sánchez-Fernández, J., & Muñoz-Leiva, F. (2014). Role of gender on acceptance of mobile payment. Industrial Management & Data Systems, 114(2), 220–240. https://doi.org/10.1108/imds-03-2013-0137

Liu, D., & Li, M. (2019). Exploring new factors affecting purchase intention of mobile commerce: trust and social benefit as mediators. International Journal of Mobile Communications, 17(1), 108. https://doi.org/10.1504/ijmc.2019.096519

Nguyen, T. P. L., & Nguyen, V. H. (2020). Factors affecting online payment method decision behavior of consumers in Vietnam. The Journal of Asian Finance, Economics and Business, 7(10), 231–240. https://doi.org/10.13106/jafeb.2020.vol7.n10.231

Oh, A. (2018, December 12). The e-wallet infinity war in Malaysia - Everything you need to know about e-wallet starts here. Ecinsider. https://www.ecinsider.my/2018/12/malaysia-ewallet-battle-landscape- analysis.html

Qayum, A. (2021, February 15). Customer satisfaction: 6 reasons why customer satisfaction is important. Oberlo. https://my.oberlo.com/blog/customer- satisfaction

Rhodes, D. (2018, June 28). The importance of brand awareness. Baer Performance Marketing. https://baerpm.com/2017/06/28/importance-brand- awareness/#:%7E:text=Brand%20awareness%20is%20important%20when,mar ket%20share%20and%20incremental%20sales

Sinha, R., Nair, R. K., Naik, V., Ganatra, V., Singri, P., Singh, P., Kamble, A. R., Kaakandikar, R., KJ, S., & Modawal, I. (2021). New norm in consumer buying pattern: Online shopping swing amid the Coronavirus pandemic. International

Journal of Accounting & Finance in Asia Pasific, 4(2), 118–128. https://doi.org/10.32535/ijafap.v4i2.1119

Spacey, J. (2018, August 1). 14 elements of brand image. Simplicable. https://simplicable.com/new/brand-image

Szyndlar, M., Perzynska, K., Perzynska, K., Perzynska, K., & Perzynska, K. (2021, December 2). Customer satisfaction: Why it’s important in 2022. Survicate. https://survicate.com/customer-satisfaction/importance-customer-satisfaction/

Tan, J. (2021, August 9). E-Wallet basics: What all Malaysians should know. RinggitPlus. https://ringgitplus.com/en/blog/e-wallet/e-wallet-basics-what-all-malaysians- should-know.html

What is e-wallets? Definition of e-wallets, e-wallets meaning. (2022, June 18). The Economic Times. https://economictimes.indiatimes.com/definition/e-wallets

What is the Touch ’n Go eWallet? (2021). Touch n’ Go eWallet. https://support.tngdigital.com.my/hc/en-my/articles/360036093973-What-is-the- Touch-n-Go-eWallet-




DOI: https://doi.org/10.32535/ijafap.v5i3.1932

Refbacks

  • There are currently no refbacks.


Copyright (c) 2022 Mei Qi Loke, Xue Li Lok, Yuerui Ma, Maisarah Farisah Binti Fadli, B. S. Sushen, Vaishnavi N., Ritika Yadav

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

International Journal of Accounting and Finance in Asia Pacific (IJAFAP)

ISSN 2684-9763 (Print) | ISSN 2655-6502 (Online)

DOI Prefix: 10.32535 by CrossRef

Published by AIBPM Publisher

JL. Kahuripan No. 9, Hotel Sahid Montana, Malang, Indonesia

Email: adm.ijafap@gmail.com

Phone: +62 341 366222

Website: https://ejournal.aibpmjournals.com/index.php/IJAFAP

Governed by

Association of International Business and Professional Management

Email: admin@aibpm.org

Website: https://www.aibpm.org/

Indexed by

SINTA Garuda Google Scholar Dimensions Scilit ROAD Crossref Copernicus

Licensing Information

Creative Commons License
International Journal of Accounting and Finance in Asia Pacific (IJAFAP) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Visitor Statistics

Flag Counter

Web Analytics

View IJAFAP Stats