Impact of Saudi Payments Network (Span) On Bank Efficiency
Mahmoud Al-Zyood
Dr. Mahmoud Al-Zyood, King Abdulaziz University, Finance Department, College Of Business, Rabigh, Jeddah 21911,Saudi Araba
Manuscript received on 18 February 2018 | Revised Manuscript received on 27 February 2018 | Manuscript published on 28 February 2018 | PP: 81-88 | Volume-7 Issue-3, February 2018 | Retrieval Number: C5301027318/18©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This paper examined the inspect relationship between Saudi Payments Network and bank efficiency in Saudi Arabia. The regression analysis method was used to test the hypotheses of study, Alpha Coronachs was calculated for the instrument of study (0. 953). It is therefore acceptable for the purposes of statistical analysis, and the five-dimensional Likert scale has been adopted to measure the availability of the variables of the study model. Demographics of the respondents have proven that 100% male, 35% executive, 65 % non-executive and the Age of respondents 33.1% (18-25 years old), 35.4% (26- 35 years old), 30.4% (36-45 years old) and 1.1% (46-55 years old). The results of the regression analysis show that the use of Saudi Payments Network (SPAN) has had a direct impact B=0.682, P≤ 0.05 in banks’ effectiveness in Saudi Arabia, it turns out that the coefficient of determination (ADJUSTED R2 = 0.280) This means that Saudi Payments Network (SPAN may be interpreted (28%) of the variation in the level of banks’ effectiveness, and notes that the statistical test value (F = 19.215) which is statistically significant at the level of (P≤ 0.05). Banks should pay attention to the development and modernization of the technological infrastructure of the bank this leads to increase bank productivity; also Attention should be given to current and future needs of the market and consumers in order to maximize the Bank’s market share.
Keywords: Efficiency, Saudi Payments Network, ATMS, POS, Transactions, SPAN Cards
Scope of the Article: Computer Network