Mobile Payment Systems and Impulsive Buying

Abstract

Mobile payment systems have created a lot of opportunities for both businesses and consumers to easily transact business. Due to the portable and interactive nature of mobile devices, mobile payment systems have aided most consumers in their daily business activities. In spite of their numerous benefits, mobile payment systems can create problems for consumers, and one such problem is impulse buying. Consumers usually make unplanned purchases spontaneously and intuitively after being exposed to exciting cues like price promotions, limited offers, and attractive product appearances; mobile payment systems facilitate these purchases. In the light of this, the current study synthesizes some scholarly works on mobile payment systems and impulse buying. The paper contributes to the growing body of literature on the dark side of financial technologies.