Dinh Van Son|Dang Thu Trang|Nguy?n Th? Liên H??ng|Pham Tuan Anh
The Impact of Financial Literacy on the Decision to use a Mobile Payment Application: a Case Study of Households that Have Just Escaped Poverty in Hanoi
purpose study quantify impact financial literacy decision use mobile payment application case study households escaped poverty hanoi theoretical framework foundation building theoretical framework content personal finance knowledge study including financial knowledge ii financial attitudes iii financial skills iv financial behavior financial literacy assessed using combination objective multiplechoice questions selfassessment methods study based survey data collected structured online questionnaire newly lifted household heads well secondary data collected respondents profiles research data collected 186 responses using convenient nonprobability sampling technique analyzed descriptive statistics anova analysis binary logistic regression analysis anova analysis showed statistically significant relationship groups subjects terms personal financial knowledge selfassessment method objective test method results conclusions binary logistic regression results show main variables positively affect probability new household head poverty include personal financial knowledge personal financial behavior gender status occupation education level financial attitudes religion negative impact ability household heads decide use mobile payment applications finding implication findings contribute differences financial knowledge financial behavior financial behavior study considered decision use mobile payment service hanoi households escaped poverty also looked effects gender age occupation religion marital status family role years poverty uniquenessvalue research results basis proposing governance implications well policy recommendations improve personal financial knowledge newlyescaped household heads encouraging use service mobile payment services thereby helping achieve goals economic recovery sustainable development