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Behavioral Economics Commons

Open Access. Powered by Scholars. Published by Universities.®

Mississippi University for Women

Conference

2022

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Full-Text Articles in Behavioral Economics

Convenience Or Reckless Spending? How Mobile Payment Apps Can Help College Students Manage Their Money, Mikayla Reed, Cecilia Brooks Mar 2022

Convenience Or Reckless Spending? How Mobile Payment Apps Can Help College Students Manage Their Money, Mikayla Reed, Cecilia Brooks

Undergraduate Research Conference

Mobile payment service (MPS) apps are often used because they are convenient and easy to use. However, some people may not understand how MPS use could impact day-to-day finances or long-term financial well-being. This study seeks to explore the use of MPS apps among college students. It is hypothesized that MPS app use is related to factors such as ease of use, convenience, and financial behaviors, such as monitoring spending or paying bills on time. In the fall of 2021, 122 college students from the Southeastern United States responded to an online Qualtrics questionnaire related to preferences among MPS apps, …