With the advancement of information technology, diversified payment types have gradually replaced traditional cash payment methods, and consumers can go out and spend without carrying cash or credit cards. Recently, literature on payment use behaviors is mostly based on smart phones and tablets. Although NFC action payments has become a trend, the research on smart wearable devices combined with mobile payments are still meagre. Therefore, this study investigates the willingness to use mobile wearable devices for mobile payment which combines the technology acceptance model (TAM) with the innovation diffusion theory. We make an attempt to understand the factors that influence users' advising smart wearable devices for payment behaviors.
The research was verified by the structural equation model, which facilitated the sampling method to collect data through the quantitative questionnaire. There are 270 valid questionnaires collected. After that, the research model was validated by PLS, and we utilized Smart PLS 3.0 to perform the reliability, validity and path analysis for the purpose of hypothesis verification. The result shows that the perception of convenience plays a significant role in the research with a significant positive impact on perceptual usefulness and perceived ease of use. And result demonstrability and visibility of innovation diffusion theory have a significant positive impact on the attitude of use, in which also has a profound positive impact on behavioral intention. Therefore, this study suggests that manufacturers of smart wearable devices should integrate domestic mobile payment providers to carry out relevant marketing strategies, increasing the visibility of this sort of payment method, and thus increase the use of mobile payment in Taiwan in the near future.
Keywords: Smart wearable device, mobile payment, Technology Acceptance Model, Innovation Diffusion Theory