{"id":"https://openalex.org/W3013296161","doi":"https://doi.org/10.18775/ijied.1849-7551-7020.2015.56.2001","title":"Cashless Policy and the Nigerian Payment System","display_name":"Cashless Policy and the Nigerian Payment System","publication_year":2020,"publication_date":"2020-01-01","ids":{"openalex":"https://openalex.org/W3013296161","doi":"https://doi.org/10.18775/ijied.1849-7551-7020.2015.56.2001","mag":"3013296161"},"language":"en","primary_location":{"id":"doi:10.18775/ijied.1849-7551-7020.2015.56.2001","doi":"https://doi.org/10.18775/ijied.1849-7551-7020.2015.56.2001","is_oa":true,"landing_page_url":"https://doi.org/10.18775/ijied.1849-7551-7020.2015.56.2001","pdf_url":null,"source":{"id":"https://openalex.org/S4210183317","display_name":"International Journal of Innovation and Economic Development","issn_l":"1849-7020","issn":["1849-7020","1849-7551"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"INTERNATIONAL JOURNAL OF INNOVATION AND ECONOMIC DEVELOPMENT","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref","datacite"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://doi.org/10.18775/ijied.1849-7551-7020.2015.56.2001","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5034593126","display_name":"Nwani Jemima John","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I16443873","display_name":"Federal University of Technology Owerri","ror":"https://ror.org/05xzf9508","country_code":"NG","type":"education","lineage":["https://openalex.org/I16443873"]}],"countries":["NG"],"is_corresponding":false,"raw_author_name":"Nwani Jemima John","raw_affiliation_strings":["Department of Management Technology (FMT), School of Management Technology, Federal University of Technology Owerri, Nigeria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management Technology (FMT), School of Management Technology, Federal University of Technology Owerri, Nigeria","institution_ids":["https://openalex.org/I16443873"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5026239675","display_name":"Chilaka Emmanuel Nwaimo","orcid":"https://orcid.org/0009-0008-1168-7633","observed_orcids":["https://orcid.org/0009-0008-1168-7633"]},"institutions":[{"id":"https://openalex.org/I16443873","display_name":"Federal University of Technology Owerri","ror":"https://ror.org/05xzf9508","country_code":"NG","type":"education","lineage":["https://openalex.org/I16443873"]}],"countries":["NG"],"is_corresponding":false,"raw_author_name":"Nwaimo Chilaka Emmanuel","raw_affiliation_strings":["Department of Management Technology (FMT), School of Management Technology, Federal University of Technology Owerri, Nigeria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management Technology (FMT), School of Management Technology, Federal University of Technology Owerri, Nigeria","institution_ids":["https://openalex.org/I16443873"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5023683851","display_name":"Kanu Success Ikechi","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I16443873","display_name":"Federal University of Technology Owerri","ror":"https://ror.org/05xzf9508","country_code":"NG","type":"education","lineage":["https://openalex.org/I16443873"]}],"countries":["NG"],"is_corresponding":false,"raw_author_name":"Kanu Success Ikechi","raw_affiliation_strings":["Department of Management Technology (FMT), School of Management Technology, Federal University of Technology Owerri, Nigeria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management Technology (FMT), School of Management Technology, Federal University of Technology Owerri, Nigeria","institution_ids":["https://openalex.org/I16443873"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5047042278","display_name":"Chinonso Karen Eke","orcid":"https://orcid.org/0000-0001-7248-7987","observed_orcids":["https://orcid.org/0000-0001-7248-7987"]},"institutions":[{"id":"https://openalex.org/I16443873","display_name":"Federal University of Technology Owerri","ror":"https://ror.org/05xzf9508","country_code":"NG","type":"education","lineage":["https://openalex.org/I16443873"]}],"countries":["NG"],"is_corresponding":false,"raw_author_name":"Chinonso Karen Eke","raw_affiliation_strings":["Department of Management Technology (FMT), School of Management Technology, Federal University of Technology Owerri, Nigeria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management Technology (FMT), School of Management Technology, Federal University of Technology Owerri, Nigeria","institution_ids":["https://openalex.org/I16443873"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I16443873"],"apc_list":null,"apc_paid":null,"fwci":2.4018,"has_fulltext":false,"cited_by_count":10,"citation_normalized_percentile":{"value":0.89994739,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"5","issue":"6","first_page":"7","last_page":"28"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13346","display_name":"Digital Transformation in Financial Services","score":0.9717000126838684,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13346","display_name":"Digital Transformation in Financial Services","score":0.9717000126838684,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.005900000222027302,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.005100000184029341,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/cashless-policy","display_name":"cashless policy","score":0.9760000109672546},{"id":"https://openalex.org/keywords/checks","display_name":"cheques","score":0.6299999952316284},{"id":"https://openalex.org/keywords/electronic-payments","display_name":"digital payments","score":0.6930000185966492},{"id":"https://openalex.org/keywords/automated-teller-machines","display_name":"automated teller machines","score":0.9789999723434448},{"id":"https://openalex.org/keywords/cash-settlement","display_name":"cash settlement","score":0.5730000138282776},{"id":"https://openalex.org/keywords/central-bank-of-nigeria","display_name":"Central Bank of Nigeria","score":0.7200000286102295},{"id":"https://openalex.org/keywords/financial-inclusion","display_name":"financial inclusion","score":0.46299999952316284},{"id":"https://openalex.org/keywords/bank-account-ownership","display_name":"bank account ownership","score":0.6990000009536743}],"concepts":[{"id":"https://openalex.org/C2777063073","wikidata":"https://www.wikidata.org/wiki/Q1553237","display_name":"Settlement (finance)","level":3,"score":0.7486332654953003},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.7179723978042603},{"id":"https://openalex.org/C2778083465","wikidata":"https://www.wikidata.org/wiki/Q693464","display_name":"Cash","level":2,"score":0.6802924871444702},{"id":"https://openalex.org/C2777303138","wikidata":"https://www.wikidata.org/wiki/Q13499","display_name":"Debit card","level":4,"score":0.6132539510726929},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5913098454475403},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.4887564182281494},{"id":"https://openalex.org/C75949130","wikidata":"https://www.wikidata.org/wiki/Q848010","display_name":"Database transaction","level":2,"score":0.479465126991272},{"id":"https://openalex.org/C2776983043","wikidata":"https://www.wikidata.org/wiki/Q986008","display_name":"Payment system","level":3,"score":0.43896791338920593},{"id":"https://openalex.org/C2778182931","wikidata":"https://www.wikidata.org/wiki/Q16155102","display_name":"Nigerians","level":2,"score":0.4135592579841614},{"id":"https://openalex.org/C2983355114","wikidata":"https://www.wikidata.org/wiki/Q161380","display_name":"Credit card","level":3,"score":0.14536374807357788},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.18775/ijied.1849-7551-7020.2015.56.2001","doi":"https://doi.org/10.18775/ijied.1849-7551-7020.2015.56.2001","is_oa":true,"landing_page_url":"https://doi.org/10.18775/ijied.1849-7551-7020.2015.56.2001","pdf_url":null,"source":{"id":"https://openalex.org/S4210183317","display_name":"International Journal of Innovation and Economic Development","issn_l":"1849-7020","issn":["1849-7020","1849-7551"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"INTERNATIONAL JOURNAL OF INNOVATION AND ECONOMIC DEVELOPMENT","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:mgs:ijoied:v:5:y:2020:i:6:p:7-28","doi":null,"is_oa":false,"landing_page_url":"https://researchleap.com/cashless-policy-nigerian-payment-system/","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"doi:10.60692/wspfb-s6f55","doi":"https://doi.org/10.60692/wspfb-s6f55","is_oa":true,"landing_page_url":"https://doi.org/10.60692/wspfb-s6f55","pdf_url":null,"source":{"id":"https://openalex.org/S7407051682","display_name":"Greater South Information System","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article-journal"},{"id":"doi:10.60692/xqgvv-tzb94","doi":"https://doi.org/10.60692/xqgvv-tzb94","is_oa":true,"landing_page_url":"https://doi.org/10.60692/xqgvv-tzb94","pdf_url":null,"source":{"id":"https://openalex.org/S7407051682","display_name":"Greater South Information System","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article-journal"}],"best_oa_location":{"id":"doi:10.18775/ijied.1849-7551-7020.2015.56.2001","doi":"https://doi.org/10.18775/ijied.1849-7551-7020.2015.56.2001","is_oa":true,"landing_page_url":"https://doi.org/10.18775/ijied.1849-7551-7020.2015.56.2001","pdf_url":null,"source":{"id":"https://openalex.org/S4210183317","display_name":"International Journal of Innovation and Economic Development","issn_l":"1849-7020","issn":["1849-7020","1849-7551"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"INTERNATIONAL JOURNAL OF INNOVATION AND ECONOMIC DEVELOPMENT","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.48510000109672546,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":3,"referenced_works":["https://openalex.org/W2070946509","https://openalex.org/W2319967159","https://openalex.org/W2563590725"],"related_works":["https://openalex.org/W3005529069","https://openalex.org/W3112545084","https://openalex.org/W2289286661","https://openalex.org/W7095923366","https://openalex.org/W7217668023","https://openalex.org/W2747375714","https://openalex.org/W2563590725","https://openalex.org/W2391682913","https://openalex.org/W4378421278","https://openalex.org/W2889555025"],"abstract_inverted_index":{"Before":[0],"the":[1,4,8,15,30,34,47,53,67,84,112,128,144,156,162,165,169,172,179,184,209,254,259,264,286,289],"introduction":[2],"of":[3,11,24,36,49,59,69,80,88,93,114,130,135,146,164,171,183,266,276,288],"cashless":[5,50,61,173],"policy":[6,51,174,185],"by":[7,102,253],"Central":[9],"Bank":[10],"Nigeria":[12,154],"in":[13,21,111,153,155,176,207,251],"2011,":[14],"Nigerian":[16,54,290],"economy":[17,62],"was":[18,99,124],"heavily":[19],"cash-oriented":[20],"its":[22,189,198],"transaction":[23],"goods":[25],"and":[26,42,74,86,98,181,205,227,261],"services":[27],"contrary":[28],"to":[29,213,234,248,257,262,285],"global":[31],"trends.":[32],"With":[33],"aid":[35],"paired":[37],"data":[38,81],"samples":[39],"between":[40],"2007":[41],"2017,":[43],"this":[44],"study":[45,166],"evaluates":[46],"impact":[48],"on":[52,66],"payment":[55,104,291],"system.":[56,292],"The":[57],"operations":[58,182],"a":[60,91,120,133,282],"were":[63],"assessed":[64],"based":[65],"use":[68,113,129,145,265],"Cheques,":[70],"funds":[71,270],"transfer":[72,271],"channels":[73],"Automated":[75],"Teller":[76],"Machines":[77],"(ATMs).":[78],"Analysis":[79],"showed":[82],"that":[83,127,143,218],"volume":[85],"usage":[87],"cheques":[89],"as":[90,132],"means":[92,134],"financial":[94,136],"settlement":[95],"has":[96,167],"failed":[97],"partially":[100],"replaced":[101],"electronic":[103],"systems.":[105],"Banks":[106],"are":[107,186,193],"getting":[108],"more":[109,151,245],"involved":[110],"interbank":[115],"fund":[116],"transfers":[117],"rather":[118,240],"than":[119,241],"cash":[121],"settlement.":[122],"It":[123,140],"also":[125],"ascertained":[126],"ATM\u2019s":[131],"intermediation":[137],"is":[138,141],"increasing.":[139],"anticipated":[142],"ATMs":[147],"will":[148,280],"become":[149],"even":[150],"popular":[152],"near":[157],"future.":[158],"To":[159],"some":[160],"extent,":[161],"outcome":[163],"justified":[168],"implementation":[170],"initiative":[175],"Nigeria.":[177],"However,":[178],"innovation":[180],"not":[187],"without":[188],"related":[190],"limitations.":[191],"There":[192],"various":[194],"challenges":[195],"associated":[196],"with":[197],"practice,":[199],"ranging":[200],"from":[201],"poor":[202],"infrastructural":[203],"facilities":[204],"difficulty":[206],"imbibing":[208],"e-payment":[210],"culture":[211],"due":[212],"illiteracy.":[214],"Other":[215],"socio-cultural":[216],"factors":[217],"constitute":[219],"an":[220],"impediment":[221],"include":[222],"celebrations":[223],"like":[224],"weddings,":[225],"birthdays":[226],"festivals.":[228],"On":[229],"such":[230],"occasions,":[231],"Nigerians":[232],"prefer":[233],"\u201ddisplay":[235],"or":[236],"spray":[237],"raw":[238],"cash\u2019\u2019":[239],"issuing":[242],"cheques.":[243],"Thus,":[244],"effort":[246],"needs":[247],"be":[249],"put":[250],"place":[252],"regulatory":[255],"authority":[256],"re-orientate":[258],"masses":[260],"encourage":[263],"E\u2013payments":[267],"channels,":[268],"cheques,":[269],"options":[272],"and,":[273],"owning/":[274],"operating":[275],"bank":[277],"accounts.":[278],"This":[279],"give":[281],"further":[283],"boost":[284],"development":[287]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":3},{"year":2021,"cited_by_count":4}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2020-04-03T00:00:00"}
