Skip to main content

Adoption of Mobile Banking in Saudi Arabia : An Emprical Evaluation Study

Page 9

International Journal of Managing Information Technology (IJMIT) Vol.8, No.2, May 2016 Vendors 5

How does m-banking enhance your bank?

6

How can you evaluate your bank’s strategy for adopting m-banking?

What is the greatest managerial strategy for adopting m-banking in your bank?

8

Does your bank provide m-banking services via professional service providers?

9

10 11

3.2%

2

6.5%

Maintains and Attracts consumers Enhance bank's reputation All options

1

3.2%

4

12.9%

24

77.4%

1

3.2%

8

25.8%

Weak and developing Good Excellent

7

1

Rises revenue

An external vendor An outsource In-house development Yes

22

71.0%

6

19.4%

6

19.4%

19

61.3%

27

87.1%

No

4

12.9%

Does your bank send enough information about the benefits of using m-banking services? Does your bank send enough information on how to use m-banking services?

Yes

24

77.4%

No

7

22.6%

Yes

23

74.2%

No

8

25.8%

What are the obstacles that you possibly face when providing m-banking?

Network problems Consumers' unawareness Consumers' nonacceptance

10

32.3%

11

35.5%

10

32.3%

As shown in Table 1, the results from analysis of the evaluation study are as follows: •

A majority of the respondents (90.3%) voiced the importance of m-banking to the community in Saudi Arabia.

Almost half of the sample (54.8%) believes that both SMS and internet browsers are primary channels in delivering m-banking services. However, the percentage for internet browsers was higher (35.5%) than for SMS (19.3%).

19.4 % of the respondents believe that the most probable value of m-banking is its ability to reach all kinds (various types) of consumers; followed by their capacity to improve consumer services (12.9%).

A majority of the respondents (64.5%) believe that the consumers benefited the most from m-banking, followed by banks (29.0%).

77.4% of the sample believes that m-banking can support banks by collectively enhancing the bank's reputation, raise revenue and finally, maintaining and attracting 9


Turn static files into dynamic content formats.

Create a flipbook
Adoption of Mobile Banking in Saudi Arabia : An Emprical Evaluation Study by ijmit - Issuu