The role of e-payments in enhancing financial performance: A case study of the Bank of Palestine
Open Access
- 25 November 2021
- journal article
- Published by LLC CPC Business Perspectives in Banks and Bank Systems
- Vol. 16 (4), 114-124
- https://doi.org/10.21511/bbs.16(4).2021.10
Abstract
The purpose of this paper is to explore electronic payments, which are considered one of the most important tools in financial technology. Hence, electronic payments play a great role in enhancing the financial performance of the Bank of Palestine. The study uses three dependent variables such as return on assets (ROA), return on equity (ROE) and earnings per share (EPS). The study methodology employs a descriptive and analytical approach to investigate the bank’s data during the period of 2010–2019. Hence, the findings show that electronic payment methods have an important impact on the bank’s financial performance, through the return on assets and equity indicators, which helps to reduce costs and thus increase profits. However, there is no statistically significant effect on the earnings per share. What is more, the Bank of Palestine uses a wide variety of electronic payment methods. Thus, the study suggests the necessity to increase the effectiveness of the information security from fraud risks, in addition to activating supervisory and regulatory authorities (such as the Palestinian Monetary Authority), to strengthen the application of electronic payment tools. Acknowledgment Special thanks to Palestine Technical University Kadoorie for their valuable and continuous support.Keywords
This publication has 11 references indexed in Scilit:
- Ownership structure and environmental, social and governance performance disclosure: the moderating role of the board independenceJournal of Business and Socio-economic Development, 2021
- Adapting Altman's model to predict the performance of the Palestinian industrial sectorJournal of Business and Socio-economic Development, 2021
- Determinants of private domestic investment in Palestine: time series analysisJournal of Business and Socio-economic Development, 2021
- Analyzing the Performance of the Palestine Stock Exchange and Enhancing its Role in Attracting Foreign InvestmentsInternational Journal of Business Ethics and Governance, 2021
- The Difference of the Theoretical Approach of Corporate Social Responsibility Between the European Union and United States of AmericaInternational Journal of Business Ethics and Governance, 2021
- The Effects of Electronic Payment Systems on the Performance of the Financial Sector in Selected Islamic CountriesInternational Journal of Economics and Politics, 2020
- The Effect of Electronic Payment Systems on Financial Performance of Microfinance Banks in Niger StateEsensi: Jurnal Bisnis dan Manajemen, 2019
- دور الاقتصاد الرقمي في تعزيز تنامي التمويل الإسلاميBait Al-Mashura Journal, 2018
- واقع ورهانات تطبيق أنظمة الدفع الإلكتروني وأثرها على أداء البنوك التجارية الجزائرية- دراسة حالة بنك الفلاحة والتنمية الريفية – بشارGlobal Journal of Economics and Business, 2018
- Online banking: a field study of drivers, development challenges, and expectationsInternational Journal of Information Management, 2001