Cost readiness: Analysis of pre-implementation mobile banking

Abstract

An examination and analysis of the cost readiness element in relation to mobile banking deployment in Kurdistan is the major objective of this research. The research is presented here as an abstract. The study will investigate the aspects of cost preparedness and cost efficiency that have an impact on the effective adoption of a mobile banking system, and it will provide prospective and long-term solutions that would go a long way toward overcoming cost barriers in the future. In order to ascertain whether or not pre-implementation mobile banking will be financially viable, the researchers turned to a quantitative study approach. There were a total of 516 individuals from different private banks in Kurdistan that took part in this survey. The findings indicated that cost readiness possesses a significant predictive value for mobile banking and will have a direct and positive link with it in the future. One of the drawbacks of the study is that the survey questions may not necessarily generalize to the larger community of teachers and administrative workers at private banks. This is one of the limitations of the survey questions.