Is perceived value enough to create loyalty for m-wallets? Exploring the role of trust and satisfaction

This study explores the role of perceived customer value and loyalty relationships in mobile wallet (M-wallet). The study further investigates trust and satisfaction as drivers of loyalty and examines the role of trust in the traditional value-satisfaction-loyalty relationship. A total of 214 respon...

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Veröffentlicht in:Cogent business & management 2023-12, Vol.10 (3), p.1-23
Hauptverfasser: Dhaigude, Amol S, Tapar, Archit Vinod, Jawed, Mohammad Shameem, Kamath, Giridhar B
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creator Dhaigude, Amol S
Tapar, Archit Vinod
Jawed, Mohammad Shameem
Kamath, Giridhar B
description This study explores the role of perceived customer value and loyalty relationships in mobile wallet (M-wallet). The study further investigates trust and satisfaction as drivers of loyalty and examines the role of trust in the traditional value-satisfaction-loyalty relationship. A total of 214 responses from M-wallet users were captured using a structured questionnaire in a cross-sectional survey design. The data collected was analyzed with the help of structural equation modeling. Trust and satisfaction in M-wallet are both found to be mediating the perceived customer value and loyalty relationship. Furthermore, results also confirm the sequential mediation impact of trust and satisfaction between the perceived customer value and loyalty relationship. The findings help practitioners in tailoring their customer relationship strategies to promote M-wallet loyalty. Finally, this study recommends that managers should emphasize leveraging trust and satisfaction to shape loyalty in addition to customer value. They should focus on initiatives to win trust, satisfy the customers, and enhance long-term customer relationships.
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subjects Brand loyalty
College professors
Consumer behavior
Consumers
Customer satisfaction
Customer services
Higher education
Humanities
internet commerce
loyalty
Marketing
mobile wallet
online payment
perceived value
Purchase intention
satisfaction
serial mediation
Supply chains
Teaching
Tourism
trust
title Is perceived value enough to create loyalty for m-wallets? Exploring the role of trust and satisfaction
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