IMI Working Paper No.2311：The Adoption and Use of Mobile Payment Determinants and Relationship with Bank Access

This study aims to answer two questions: What determines the adoption and use of mobile payment? What is the relationship between mobile payment and access to traditional bank services? By using representative survey data in rural China, we apply a hurdle model with 2SLS and find that consumers with better access to bank services are more likely to adopt mobile payment. However, after adoption, the less often the consumers visit banks because of distance or social constraints, the more they u