An Examination of the Role of Mobile Money in Enhancing Business Transactions: A Case Study of Traders in Kano State
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
Mobile money has revolutionized business transactions, especially in developing economies, where access to traditional banking services may be limited. In Kano State, mobile money services have become increasingly popular, providing traders with a fast, secure, and convenient way to conduct business transactions. Mobile money has been shown to enhance financial inclusion, reduce transaction costs, and improve cash flow for small businesses (Ibrahim & Adebayo, 2023).
This study will explore the role of mobile money in enhancing business transactions among traders in Kano State, focusing on how it facilitates day-to-day operations, improves financial management, and supports business growth.
Statement of the Problem
While mobile money has been widely adopted in many parts of Nigeria, some traders in Kano State still face challenges related to mobile money adoption, such as low digital literacy, security concerns, and network issues. This study will investigate how mobile money has been integrated into business transactions and the barriers that traders encounter in using these services.
Objectives of the Study
- To assess the role of mobile money in enhancing business transactions among traders in Kano State.
- To evaluate the impact of mobile money on business efficiency and customer satisfaction in Kano State.
- To identify the challenges faced by traders in adopting mobile money services and propose solutions.
Research Questions
- How does mobile money enhance business transactions among traders in Kano State?
- What impact does mobile money have on business efficiency and customer satisfaction in Kano State?
- What challenges do traders in Kano State face in adopting mobile money, and how can these be addressed?
Research Hypotheses
- H0: Mobile money does not significantly enhance business transactions among traders in Kano State.
- H0: Mobile money adoption does not significantly improve business efficiency or customer satisfaction in Kano State.
- H0: There are no significant barriers to the adoption of mobile money among traders in Kano State.
Scope and Limitations of the Study
This study will focus on traders in Kano State who use mobile money for business transactions. Limitations include potential biases in self-reporting and challenges in assessing the full range of mobile money’s impact on business outcomes.
Definitions of Terms
- Mobile Money: A financial service that allows users to make transactions, such as sending and receiving money, using their mobile phones.
- Business Transactions: The exchange of goods, services, or money between businesses and customers or other entities.
- Financial Inclusion: The availability and accessibility of financial services to individuals and businesses, especially those in underserved areas.
Related Project Materials
PERCEPTION STUDY ON THE INFLUENCE OF A.I IN THE ACADEMIC PERFORMANCE OF STUDENTS IN NASAWARA STATE UNIVERSITY
ABSTRACT
This study was carried out on the perception study on the influence of A.I in the academic per...
The Impact of Digital Media on Promoting Fair Trade Practices in Babura Local Government Area, Jigawa State
Chapter One: Introduction
The Role of Auditing in Ensuring Accountability in Public Healthcare Projects in Birnin Kebbi Local Government Area
Background of the Study
Public healthcare projects are essential for ensuring the health and well-being of communities....
AN ASSESSMENT OF SOCIO-ECONOMIC CONSEQUENCES OF BOKO HARAM TERRORISM IN MUBI-METROPOLIS OF ADAMAWA STATE (2011-2015)
ABSTRACT
Terrorism constitute serious threats to Nigeria‘s security, affecting not only Nigeria‘s sovereignty, law and order,...
THE STATUS OF PROCESSING AND PRESERVATION OF CEREAL IN NIGERIA
Project Body
An Examination of Breastfeeding Education and Its Effect on Infant Feeding Practices in Adamawa State
Background of the Study
Breastfeeding is widely recognized as the optimal feeding practice for infants, providing essential nutrients tha...
The impact of informal education on students’ ability to develop persuasive writing skills in Kontagora Local Government Area, Niger State
Background of the Study
Informal education has increasingly been recognized as a crucial complement to formal educational...
Exploring the Impact of Inflation on Fiscal Policy Effectiveness in Nigeria
Background of the Study
Inflation poses significant challenges to fiscal policy formulation and implementation in Nigeria....
An examination of the effectiveness of adult literacy programs in promoting disaster resilience in Minna Local Government Area, Niger State
Background of the Study
Disaster resilience has become a critical concern in regions susceptible to natural and human-indu...
Design of a Secure Video Conferencing System for Online Learning in Federal University, Birnin Kebbi, Kebbi State
Background of the Study
The shift to online learning in universities has become more prominent, especia...
