Table 5

Exploratory factor analysis

Item
Code
Code after EFADimensionsStatementsEFAMean ± S.D.
iGT5SPR5Dimension 1 (Security, Privacy & Risk)Payment gateway ensures the safety of my online transactions0.8363.8744 ± 0.82738
iGT9SPR9Strong technologies are implemented in Fin-Tech services I use to defend against cyber attacks0.8243.7758 ± 0.86011
iGT8SPR8Online financial tools I access has adequate measures to protect my data from hackers/fraudsters0.8243.6996 ± 0.90110
iGT7SPR7I am confident that Fin-Tech services follow legal requirements to protect my data privacy0.8143.7982 ± 0.87852
iGT2SPR2Security related information given by Fin-Tech Services makes me feel safe0.8103.7265 ± 0.83233
iGT1SPR1I believe that Fin-Tech services give me a high level of safety for my personal and financial data0.8053.8117 ± 0.87384
iGT3SPR3Granting access before making a transaction makes me feel secured0.7633.9058 ± 0.85549
iGT6SPR6I am satisfied with how Fin-Tech services handle the confidentiality of my data0.7523.7175 ± 0.82932
iGT4SPR4Advanced biometric security features, such as fingerprint or facial recognition, offer strong protection for my data0.6963.8565 ± 0.90740
iGT14SI2Dimension 2 (Social Influence)I depend on family member’s experience while choosing Fin-Tech services0.7653.8520 ± 0.72819
iGT13SI1Recommendations from my peer group greatly influence me in choosing specific Fin-Tech services0.7613.8341 ± 0.76647
iGT15SI3I consider opinions of my community regarding Fin-Tech services0.7343.7354 ± 0.88227
iGT18AC3Dimension 3 (Awareness Campaign)Awareness on information security helps me to safeguard my personal information while using Fin-Tech0.8133.8789 ± 0.74530
iGT16AC1Educational programmes on Fin-Tech usage will increase my knowledge and trust0.7913.9283 ± 0.73046
iGT17AC2Awareness on cyber security, educated me to be more alert from spammers and fraudsters0.7673.9417 ± 0.76466
iGT19AC4Awareness on privacy concerns has increased my understanding on privacy protection0.6873.8655 ± 0.75794
iGT23CS4Dimension 4 (Customer Support)My issues and concerns are addressed very carefully and solved at a quick time by customer support0.7843.7892 ± 0.72503
iGT21CS2Customer support helps in customizing my requirements and preferences in Fin-Tech services0.7603.8341 ± 0.78385
iGT20CS1Customer support team of Fin-Tech gives regular service quality in its offering0.7373.7175 ± 0.82932
iGT22CS3Feedback collected is well used by the customer support in improving their services0.6733.7265 ± 0.72880
iGT26UE3Dimension 5 (User Experience)I believe that Fin-Tech services are essential for keeping up with the digital age0.7803.7534 ± 0.71988
iGT27UE4Current data provided by Fin-Tech services helps me to make good financial decisions0.7293.7534 ± 0.76228
iGT25UE2I am satisfied with the speed at which my transactions are completed using Fin-Tech services0.7293.8700 ± 0.73161
iGT24UE1I feel that Fin-Tech services are convenient for my day-to-day financial transactions0.7123.7668 ± 0.80925
iGT29TR2Dimension 6 (Financial Transparency)Fin-Tech services give a clarity on how fees0.7683.9776 ± 0.76067
iGT30TR3Details of Interest rates are provided clearly by Fin-Tech services0.6993.8565 ± 0.72601
iGT31TR4Terms and conditions given by Fin-Tech services are easily understandable0.6233.8206 ± 0.77220
iGT28TR1I feel that Fin-Tech services provide greater clarity in financial transactions0.5533.7623 ± 0.81071
iGT35AT4Dimension 7 (Attitude)I prefer using Fin-Tech services over traditional banking modes0.8043.8117 ± 0.82086
iGT33AT2I have a positive attitude to use Fin-Tech services0.7953.8341 ± 0.76059
iGT32AT1I am willing to rely on Fin-Tech services for important financial decisions0.7503.7444 ± 0.83264
iGT34AT3Technological innovation positively impacts my willingness to use Fin-Tech services0.7493.8206 ± 0.77220
Source(s): Output from SPSS

or Create an Account

Close Modal
Close Modal