[Review] A Study on the Change of the Payments System : Focusing on the Strategies of Distribution Companies and Fin-tech Companies
0
조회
0
다운로드
0
인용
0
참고문헌
키워드
초록
Purpose: The purpose of the study is to examine how payment systems for traditional distribution channels pursue changes and how they collaborate in-depth with fintech companies. This study examines the changing payment system through the strategic partnership between distribution companies and fintech companies. Research Design, Data and Methodology: The study conducted research using a variety of secondary materials and existing literature and also utilized the interview method. More specific and in-depth research is conducted through various literature studies and secondary data. Findings and Results: The findings of the study are as follows. First, distributors have occasionally directly adopted simple payment systems due to changes in payment systems as a result of online advances. Second, distributors were found to collaborate with fintech companies when not directly using simple payment. Conclusions: Such maneuvers by distributors are aimed at first, providing convenience and simplicity for consumers. Second, developing the ability to apply big data for accumulating consumer information and third, producing a customer lock-in effect by reducing the fees charged for existing payment services. The present study will provide many domestic and international distributors with a new perspective and practical implications in terms of the distribution and finance industries.
Abstract
Purpose: The purpose of the study is to examine how payment systems for traditional distribution channels pursue changes and how they collaborate in-depth with fintech companies. This study examines the changing payment system through the strategic partnership between distribution companies and fintech companies. Research Design, Data and Methodology: The study conducted research using a variety of secondary materials and existing literature and also utilized the interview method. More specific and in-depth research is conducted through various literature studies and secondary data. Findings and Results: The findings of the study are as follows. First, distributors have occasionally directly adopted simple payment systems due to changes in payment systems as a result of online advances. Second, distributors were found to collaborate with fintech companies when not directly using simple payment. Conclusions: Such maneuvers by distributors are aimed at first, providing convenience and simplicity for consumers. Second, developing the ability to apply big data for accumulating consumer information and third, producing a customer lock-in effect by reducing the fees charged for existing payment services. The present study will provide many domestic and international distributors with a new perspective and practical implications in terms of the distribution and finance industries.
참고문헌 (26)
- Abdelrhim, M., "The Effect of COVID-19 Spread on the e-commerce market : The case of the 5 largest ecommerce companies in the world", Journal of Economic and Administrative Science, 36(20), pp.105~122 (2020)
- Ahn, S. J., "Three characteristics of technology competition by IoT-driven digitization", Technological Forecasting and Social Change, 157(1), pp.1~15 (2020)
- Ali, O., "The state of play of blockchain technology in the financial services sector : A systematic literature review", International Journal of Information Management, 54(3), pp.102199~ (2020)
- Anifa, M., "Fintech Innovations in the Financial Service Industry", Journal of Risk and Financial Management, 287, pp.1~19 (2022)
- Babenko, V., "Factors of the development of international e-commerce under the conditions of globalization", InSHS Web of Conferences, pp.65~ (2019)
- Bhardwaj, G. N., "FinTech and the younger generation", IUP Journal of Information Technology, 15(1), pp.16~33 (2019)
- 정승재, "Z세대의 모바일 핀테크 서비스 사용자 경험 연구 -카카오페이와 토스를 중심으로-", 디지털융복합연구, 18(1), pp.315~320 (2020), 한국디지털정책학회[DOI]
- Das, A., "Perception, adoption, and pattern of usage of FinTech services by bank customers : Evidences from Hojai District of Assam", Emerging Economy Studies, 6(1), pp.7~22 (2020)
- Frost, J., "BigTech and the changing structure of financial intermediation", Economic Policy, 34(100), pp.761~799 (2019)
- Jang, W. S., "The Rise of FinTech and Changes in the Financial Industry", VIP Report, 648(1), pp.1~13 (2016)
- Khan, M. S., "Determinants of behavioral intentions to use Islamic financial technology : An empirical assessment", Risks, 10(6), pp.1~114 (2022)
- 김지은, "빅데이터와 인공지능을 중심으로 한 패션산업의 동향", 한국의류학회지, 42(1), pp.148~158 (2018), 한국의류학회
- 김정심, "4차 산업혁명을 선도하는 알리바바: 핀테크와 신유통을 중심으로", Korea Business Review, 24(2), pp.73~99 (2020), 한국경영학회[DOI]
- Kivimaa, P., "Moving beyond disruptive innovation : A review of disruption in sustainability transitions", Environmental Innovation and Societal Transitions, 38(1), pp.110~126 (2021)
- 이성준, "정책기대의 조절효과를 고려한 플랫폼 기반 간편결제 서비스로의 전환의도 영향 요인 분석: <카카오페이> 사례를 중심으로", 한국콘텐츠학회 논문지, 19(5), pp.426~442 (2019), 한국콘텐츠학회[DOI]
- Mok, S. H., "Fintech Story Conquering One Step Ahead" (2015), Hans Media
- Mosteanu, N. R., "Fintech frontiers in quantum computing, fractals, and blockchain distributed ledger: Paradigm shifts and open innovation", Journal of Open Innovation: Technology, Market, and Complexity, 7(1), pp.19~ (2021)
- Neirotti, P., "ICT-based innovation and its competitive outcome : The role of information intensity", European Journal of Innovation Management, 22(2), pp.383~404 (2019)
- Poon, J., "The role of skills in Islamic financial innovation: Evidence from Bahrain and Malaysia", Journal of Open Innovation: Technology, Market, and Complexity, 6(3), pp.1~21 (2020)
- Silva, E. S., "Big Data in fashion : Transforming the retail sector", Journal of Business Strategy, 41(4), pp.21~27 (2020)
- Schmuck, R., "An overview of innovation strategies and the case of Alibaba", Procedia Manufacturing, 51(1), pp.1259~1266 (2020)
- Sparer, D., "Smart Contracts und Smart Payment im Farming 4. 0. Digitale", Dienstleistungs innovationen : Smart Services agil und kundenorientiert entwickeln, 22(1), pp.445~471 (2019)
- Treadgold, A., "Navigating the new retail landscape: A guide for business leaders" (2020), Oxford University Press
- Tsagkias, M., "Challenges and research opportunities in ecommerce search and recommendations", InACM Sigir Forum, 54(1), pp.1~23 (2021)
- Woo, G. I., "Fintech-based Simple Payment Service, Factors Study on the Intention of S Continuous Use", Information Systems Research, 26(3), pp.25~46 (2017)
- Zheng, Z., "Blockchain Challenges and Opportunities : A Survey", International Journal of Web and Grid Services, 14(4), pp.352~375 (2018)