Financial literacy and trust in mobile money services on mobile money savings adoption among informal sector workers in Ghana: the mediating role of perceived ease of use
Key Points
Savings adoption is significantly influenced by financial literacy and trust levels among informal sector workers.
Evidence shows a 30% increase in likelihood of adopting mobile money savings for those with high financial literacy.
Analysis explored the mediating role of perceived ease of use in the relationship between literacy, trust, and savings behavior.
Findings may enable better mobile money service designs to enhance financial inclusion among informal workers.
Financial literacy and trust in mobile money services on mobile money savings adoption among informal sector workers in Ghana: the mediating role of perceived ease of use | Synapse