Theoretical Economics Letters, 2022, 12, 1378-1406
https://www.scirp.org/journal/tel
ISSN Online: 2162-2086
ISSN Print: 2162-2078
DOI: 10.4236/tel.2022.125076 Oct. 18, 2022 1378 Theoretical Economics Letters
Use of E-Banking and Customer E-Engagement
in Developing Countries: Case of NFC Bank
Cameroon
Jean Robert Kala Kamdjoug
1
, Arielle Ornela Ndassi Teutio
2
,
Ulrich Tchakounte Tchouanga
2
, Jean-Pierre Gueyie
3
1
ESSCA School of Management, Angers, France
2
GRIAGES, Faculty of Social Science and Management, Catholic University of Central Africa, Yaoundé, Cameroon
3
School of Management, University of Quebec in Montreal, Montreal, Canada
Abstract
Technology-based banking has become essential in developing countries. In
these countries, the financial inclusion of populations and the development of
banks’ portfolios depend intensely on valuable services like E-banking. This
study aims to investigate the influence of some technological features of elec-
tronic financial services (Perceived personal information protection, Perceived
transaction security) and service factors (Perceived time saving, Service qual-
ity, and Perceived cost-saving) on Trust and Use of e-banking. It also studies
the impact of Use of E-banking on E-engagement through Usage continuance
and Customer satisfaction. We use partial least squares structural equation
modeling (PLS-SEM) to test a research model with a sample of 346 customers
of NFC Bank in Cameroon. The study reveals that Perceived personal infor-
mation protection and the service factors (Perceived time saving, Service quali-
ty, and Perceived cost-saving) influence Trust. However, Trust in E-banking
does not necessarily lead to its use. On the other hand, Use of E-banking in-
fluenced by both technological features of electronic financial services (Per-
ceived personal information protection, Perceived transaction security) and
service factors (Perceived time saving, Service quality, and Perceived cost
saving). The study brings managerial implications for the development of
E-banking offers in developing countries.
Keywords
Electronic Banking, Use, Trust, E-Engagement, Developing Countries,
Cameroon
How to cite this paper: Kala Kamdjoug, J. R.,
Ndassi Teutio, A. O., Tchakounte Tchouanga,
U., & Gueyie, J.-P. (2022). Use of E-Banking
and Customer E-Engagement in Developing
Countries: Case of NFC Bank Cameroon.
Theoretical Economics Letters, 12, 1378-1406.
https://doi.org/10.4236/tel.2022.125076
Received: June 28, 2022
Accepted: October 15, 2022
Published: October 18, 2022
Copyright © 2022 by author(s) and
Scientific Research Publishing Inc.
This work is licensed under the Creative
Commons Attribution International
License (CC BY 4.0).
http://creativecommons.org/licenses/by/4.0/
Open Access