The Research Trend of Security and Privacy in Digital Payment

Abstract

The aim of this study is to synthesize the rapidly increasing literature on privacy and security risk of digital payment. By reviewing 591 studies, the literature on this topic was evaluated using a bibliographical approach to highlight the intellectual development of the field and recommend potential research directions in this still-emerging field. According to our assessment, academics have continued to focus on perceived privacy and security, while more multigroup analyses based on subdimensions of risk are needed. In addition, the vast majority of studies have not considered the inter-relationship between risk attributes. We analyse the potential causes of the lack of research diversity and provide additional suggestions to improve digital payment research in the future. This study will be valuable for academics, analysts, regulators, practitioners, and investors.