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Vol.2 , No. 3, Publication Date: Jun. 11, 2015, Page: 29-32
. There is no doubt that the citizens of developed economies across the globe are already enjoying the full benefits of this new banking method generally referred to as electronic banking (e-banking). The same cannot be said of their developing economies counterparts who are still “struggling” to grasp the new banking method concepts. Nigeria as a developing nation has made a giant stride in the implementation of this new method of banking. In this work, the researchers investigated if the year of adoption of electron banking technology is dependent on bank customer’s age. To achieve that, 300 questionnaires were randomly distributed to bank customers. Out of this, 269 questionnaires were returned representing 89.7% of the distributed questionnaires. Again, about 7% (21) of the returned questionnaires were invalid, thereby leaving a total analyzed questionnaire of 248, representing 82.7%. The Chi-square statistic tool was deployed for the analysis. The result of the analysis showed that the year of adoption of electronic banking technology is dependent of the age of the bank customers in the study.&picture=http://www.aascit.org/aascit/decorators/img/journal/901.jpg)
| [1] | Okike Benjamin, Department of Computer Science, University of Abuja, Abuja, Nigeria. |
All over the world today, there is a paradigm shift from the conventional method of banking for a technology-based method through the use of Information and Communication Technology (ICT). There is no doubt that the citizens of developed economies across the globe are already enjoying the full benefits of this new banking method generally referred to as electronic banking (e-banking). The same cannot be said of their developing economies counterparts who are still “struggling” to grasp the new banking method concepts. Nigeria as a developing nation has made a giant stride in the implementation of this new method of banking. In this work, the researchers investigated if the year of adoption of electron banking technology is dependent on bank customer’s age. To achieve that, 300 questionnaires were randomly distributed to bank customers. Out of this, 269 questionnaires were returned representing 89.7% of the distributed questionnaires. Again, about 7% (21) of the returned questionnaires were invalid, thereby leaving a total analyzed questionnaire of 248, representing 82.7%. The Chi-square statistic tool was deployed for the analysis. The result of the analysis showed that the year of adoption of electronic banking technology is dependent of the age of the bank customers in the study.
Keywords
Electronic Banking, Chi-Square, Nigeria, e-Banking Adoption, Information and Communication Technology
Reference
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