A summary of hypotheses
| No. | Hypotheses | Supported | ||
|---|---|---|---|---|
| H1 | Financial literacy | -> | Fintech usage | Yes |
| H1a | Basic financial literacy | -> | Fintech usage | No |
| H1b | Advanced financial literacy | -> | Fintech usage | Yes |
| H2 | Financial literacy | -> | Income levels | Yes |
| H2a | Basic financial literacy | -> | Income levels | Yes |
| H2b | Advanced financial literacy | -> | Income levels | Yes |
| H3 | Fintech usage | -> | Income levels | Yes |
| H4 | Financial literacy → Fintech usage | -> | Income levels | Yes |
| No. | Hypotheses | Supported | ||
|---|---|---|---|---|
| Financial literacy | -> | Fintech usage | Yes | |
| Basic financial literacy | -> | Fintech usage | No | |
| Advanced financial literacy | -> | Fintech usage | Yes | |
| Financial literacy | -> | Income levels | Yes | |
| Basic financial literacy | -> | Income levels | Yes | |
| Advanced financial literacy | -> | Income levels | Yes | |
| Fintech usage | -> | Income levels | Yes | |
| Financial literacy → Fintech usage | -> | Income levels | Yes | |
Source(s): Authors’ own work