Strategies for Effective Adoption of Electronic Banking In Nigeria

Abstract

A major trend in modern industrial and commercial systems is the integration of electronic services into different levels ofbusiness operations. This has resulted into an explosion in the global exchange of monetary value of products and serviceselectronically. The continued upward trend in this electronic revolution is dependents on a number of factors. The aim of thisresearch is to investigate the factors which influence the adoption of e-banking in Nigeria. The research is particularly timelyand urgent considering the new cashless regime of the Nigeria Apex Bank. Key factors impacting e-banking adoptions areidentified from the literature review. The research is structured into research survey using questionnaire, online responsesfrom social websites and face-to-face interviews. The research results provide a foundation for the need for an enhancedadoption of e-banking strategy and for the practical development of e-banking products.Keywords: E-Commerce, Adoption factors, E-payment systems, E-banking, Drivers