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Cited by 4Technology Adoption and User BehaviourFinTech, Crowdfunding, Digital FinanceFinancial Literacy and Behavior

The impact of digital financial literacy on the adoption of financial technology in rural areas of Vietnam

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Hung, Dinh The, Khoi, Truong Duc Minh·2025·Decision Science Letters
DOI 10.5267/j.dsl.2025.8.002
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Abstract

This paper investigates the impact of digital financial literacy on the use of financial technology (Fintech) among people living in rural areas of Vietnam. The study employs various theoretical frameworks, including the Theory of Planned Behavior (TPB) and the Technology Acceptance Model (TAM), to clarify factors influencing the intention and behavior of Fintech adoption. These factors include performance expectancy, perceived risk, subjective norms, behavioral control, convenience, security, personal motivation, financial attitude, and financial behavior. Based on the research findings, the authors propose several recommendations to improve digital financial literacy among rural populations in Vietnam, recognizing it as a key factor in expanding access to and usage of modern financial services in these areas.

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  • Indirectly, digital financial literacy influences perceived usefulness through cognitive evaluations and operates via trust-mediated pathways, which shape users' risk perceptions and their confidence in Fintech providers.

    “Indirectly, DFL influences perceived usefulness through cognitive evaluations and operates via trust-mediated pathways, which shape users' risk perceptions and their confidence in Fintech providers [38].”

    From Enhancing Digital Financial Literacy and Digital Trust for Sustainable Online Loan Adoption among Micro-Entrepreneurs in Developing Economies (2026) · cites this paper as [38]

    The Regression Analysis (section 5.3; page unavailable) reports a positive effect of digital financial literacy on intention to use FinTech, not on perceived usefulness. The Literature Review (section 2; page unavailable) mentions risk perception and indirect effects through attitudes in other studies, but our copy does not establish the claimed cognitive-evaluation or trust-mediated pathways. Searches for perceived usefulness, trust, and confidence in providers found no passage connecting them to digital financial literacy in the claimed way. (LLM, conf=0.73)

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References 1 · Cited by 4

Research works printed but not linked: 28

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Authors
Hung, D. T., & Khoi, T. D. M.
ORCID
Hung, Dinh The
Venue
Decision Science Letters
Publisher
Growing Science
Published
2025
Volume
14
Issue
4
Pages
877-886
ISSN
  • 1929-5804 (ISSN-L)
  • 1929-5812
DOI
10.5267/j.dsl.2025.8.002
OpenAlex
W4414045556
Cited by
4
References
1
Citations by year
2026: 3 · 2025: 1
FWCI
4.02
Type
journal article
Language
en
Open access
Licence
cc-by
Locations
  • Decision Science Letters (publishedVersion, cc-by)
  • DOAJ (DOAJ: Directory of Open Access Journals) (submittedVersion, cc-by-sa)
Topics
  • Social Sciences › Decision Sciences › Information Systems and Management › Technology Adoption and User Behaviour
  • Social Sciences › Business, Management and Accounting › Management Information Systems › FinTech, Crowdfunding, Digital Finance
  • Social Sciences › Business, Management and Accounting › Accounting › Financial Literacy and Behavior
Keywords
digital financial literacy, fintech adoption, rural areas, Vietnam, theory of planned behavior, technology acceptance model, risk perception, performance expectancy, subjective norms, convenience, financial behavior, access to finance

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