Acceptance of internet banking system among ICT professionals

Abstract

Acceptance of internet banking system among potential young users is crucial to commercial banks to ensure sustainability of banks’ businesses. While the importance of acceptance of young users towards information systems has been recognized in the marketing literature and information system studies, the conceptualization and empirical validation of the behavioral intention of Information and Communication Technology (ICT) literate users for Malaysia’s internet banking context has not been addressed. This paper describes a conceptual model for examining acceptance of internet banking system among potential young users, specifically future ICT professionals. A conceptual model was developed to examine the effects of computer self- efficacy (CSE) and extended technology acceptance model (TAM) on the behavioral intention (BI) of young users to use the internet banking systems. Using stratified random sampling procedure, data were obtained from 281 undergraduate ICT students in a Malaysia’s public university. The result revealed that perceived usefulness (PU), perceived ease of use (PE) and perceived credibility (PC) of extended TAM affect respondents’ intention to use the internet banking systems. PE was found to have stronger influence than PU and PC on BI. The findings unveiled that indirect relationships existed between CSE and BI through PU, PE and PC of TAM. These results validated that CSE and the three variables of TAM were well adopted in predicting individual responses, including young users, to information technology systems. Three implications of these findings were highlighted for future researches and managerial action.