Research Essay: Mobile Payments In China

Choi, Y., & Sun, L. (2016). Reuse Intention of Third-Party Online Payments: A Focus on the Sustainable Factors of Alipay. Sustainability, 8(2), 147.

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Relevance and evaluation

The authors aim at finding the sustainability of Alibaba’s Online payment service i.e. Alipay. They analyze various factors affecting the sustainability of the service and zero on two factors which are convenience and security. Rest of the factors do not contribute to sustainability of this service.  

This research serves as a base for many other companies in China, working on similar platform. It concludes the factors that the companies shall work upon in order to gain sustainable operations and not just focus on onetime gains. The research is reliable source for it has been well researched though secondary and primary sources.  

Du, J., Lu, J., Wu, D., Li, H., & Li, J. (2013). User acceptance of software as a service: Evidence from customers of China's leading e-commerce company, Alibaba. Journal of Systems and Software, 86(8), 2034-2044.

Short Explanation

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Relevance and evaluation

The authors aimed at understanding how people accept and perceive the software as a service. The study was conducted in four rounds through questionnaires. In the first three rounds, the perceived service quality of SaaS was identified and in the last round of survey, the three user perceptions were identified which influenced their behavior towards the adaptability of SaaS.  

The research proposes the model to analyse user’s acceptability of SaaS. This model can be very useful for the companies to analyse their consumer responses. The research has been conducted by set of managerial personnel’s with Alibaba employees. This makes this research highly reliable and comprehensive in its approach.

Liu, Y. (2015). Consumer protection in mobile payments in China: A critical analysis of Alipay's service agreement. Computer Law & Security Review, 31(5), 679-688.

Short Explanation

Descriptive Summary

Relevance and evaluation

The research was conducted to analyze the possible existing problems in the area of mobile payment in case of Alibaba’s payment gateway. The security of payment is essential and it involves the measures adopted by the company as well as legal framework of the country. Research is conducted specifically for non-financial institutions.

The paper concludes the insufficiencies of the legal structure and legislation. The loopholes can be easily identified which could affect consumers right.  The author has also advised various legislations to overcome the loopholes. The study conducted is in recent years and is well comprehended and structured. It can help study the current status of Alibaba’s payment service and improvements required for it.

Lu, J., Wei, J., Yu, C., & Liu, C. (2016). How do post-usage factors and espoused cultural values impact mobile payment continuation?. Behaviour & Information Technology, 36(2), 140-164.

Short Explanation

Descriptive Summary

Relevance and evaluation

The paper examines the effect of factors such as protection, mobility and social influence has on continued use of mobile payments in China. The research was based on expectation-confirmation model and responses from 724 mobile payment users were recorded. It was concluded that privacy protection and social influence have direct influence of usage of m-payment while mobility has indirect influence over it.   

The research is well constructed and all the factors have been well studied and linked with one another. The research also provides base for espoused cultural values for usage of m-payment. The findings of the research deepens the knowledge of the tested factors.

Miao, M., &Jayakar, K. (2016). Mobile payments in Japan, South Korea and China: Cross-border convergence or divergence of business models?. Telecommunications Policy, 40(2-3), 182-196.

Short Explanation

Descriptive Summary

Relevance and evaluation

The research is conducted to evaluate the effect of other similar countries on one country in terms of technological development. South Korea’s and Japan’s technological advancements influence China payment operations model. It is also predicted that rather than taking ideas from these advanced countries, China may utilize the coexisting system in intermediate terms.

The paper provides analysis on legal framework as well as industrial working of the country. Thus it shall be helpful to understand how diverse laws influence industrial workings and new working models are developed to keep up with the world economy. The research in supported by ministries of China which makes it a reliable source for further research.

Oliveira, T., Thomas, M., Baptista, G., & Campos, F. (2016). Mobile payment: Understanding the determinants of customer adoption and intention to recommend the technology. Computers In Human Behavior, 61(1), 404-414.

Short Explanation

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Relevance and evaluation

The paper aims at providing the research model to analyze main determinants of m-payment. The model combines two theories i.e. extended unified theory of acceptance and use of technology (UTAUT2) with the innovation characteristics of the diffusion of innovations (DOI). The factors found to determine the acceptability of m-payment were security, innovation and social influence.

This research shall be very useful as it provides a research model to conduct the similar research in future. The paper studies the relevant primary source and also 301 primary responses from people. The analysis of the data is done using SEM and is thus reliable and well comprehended.

Salmony, M. (2017). The future of instant payments: Are we investing billions just for mobile peer-to-peer payment?. Journal Of Payments Strategy& Systems, 11(1), 58-77.

Short Explanation

Descriptive Summary

Relevance and evaluation

The research aimed at evaluating the reason behind rare success of attempts undertaken by mobile operators and banks to promote mobile payment. Peer to peer payments are however, more successful in western countries. The comparative analysis of various economies are done to evaluate the reason. The conclusion drawn lays emphasis on application rather than investing on infrastructure.

The researcher is a globally recognized Business innovation leader, particularly in financial and digital sector. Thus, the research conducted by him becomes reliable for the further research. Further, the research concludes mobile payment has its dimension beyond person to person transactions. It is the future mode of payment which affects the economy as a whole.

Shen, W. (2012). Deconstructing the myth of Alipay Drama—Repoliticizing foreign investment in the telecommunications sector in China. Telecommunications Policy, 36(10-11), 929-942.

Short Explanation

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Relevance and evaluation

The research aimed at evaluating the current variable interest entity structure and Chinese regulatory measures to handle the telecom industry foreign investments in China. The report also gives insights on the policy changes and the struggle faced by regulators and regulates. This research is conducted to understand why foreign investors face difficulties while entering Chinese market.

  This research shall be helpful in understanding the laws and regulations that governs and controls the telecom industry in the country. Also the political economy insights would help the future researchers analyse the impact these regulations and economic conditions can have on businesses.

Taylor, E. (2016). Mobile payment technologies in retail: a review of potential benefits and risks. International Journal Of Retail & Distribution Management, 44(2), 159-177.

Short Explanation

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Relevance and evaluation

The research aims at analyzing different channels which offer quick and secure payment modes to the consumers. Mobile point of sale is one such channel and author has conducted literature review on the available modes of mobile payment system and how they benefit the consumers and merchants.

With the increase in retailer’s presence through multiple channels, mobile retail and payment system has been one of the most frequently used payment method. Research on the same serves as the base for understanding the pros and cons of such point of sales and also serve as base for studying further the impact of these methods on overall economy.

Trütsch, T. (2016). The impact of mobile payment on payment choice. Financial Markets And Portfolio Management, 30(3), 299-336.

Short Explanation

Descriptive Summary

Relevance and evaluation

  The researcher conducted a research on impact of mobile payments on traditional payment methods such as cash, debit and credit cards, prepaid cards, cheques etc. Two major finding of the research were that mobile payment did not replace card payments but can substitute cash and cheque ones. Further mobile payment does not have direct influence on choice of payment at POS.

The paper concludes that the payment industry shall promote the use of mobile payments to enable replacement of physical cash from digital one, which is essential for the growth of economy. This paper shall serve as the base for understanding the impact mobile payment can have on the economy.