Digital Payment and Spending Pattern: A Study among Young Consumers in Nepal
DOI:
https://doi.org/10.68148/7z3b1z04Keywords:
digital payment systems, spending pattern, ease of transactions, financial tracking, rewards and cashback, bill paymentAbstract
This study examines the relationship between digital payment system (DPS) usage and spending pattern among 179 young Nepalese consumers, using a positivist, descriptive and causal-comparative research design with a cross-sectional time horizon, a quantitative approach, and convenience sampling. Data on five constructs Ease of Transactions, Financial Tracking, Rewards and Cashback, Bill Payment, and Spending Pattern were analysed using Kendall's tau_b correlation and multiple linear regression in SPSS. Respondents were predominantly young, female, and frequent DPS users. Ease of Transactions showed the strongest positive correlation with spending pattern, while Financial Tracking and Bill Payment showed no significant association. The regression model was significant, F(4,174) = 34.080, p < .001, explaining 43.9% of variance in spending pattern. Ease of Transactions was the strongest positive predictor (Beta = .695, p < .001), while Financial Tracking was a significant negative predictor (Beta = -.212, p = .003). No multicollinearity or autocorrelation was detected. Convenience is the primary driver of spending, while tracking tools appear to restrain it.
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