Mette Marie Næser Seldal

Lecturer

School of Business and Law

Email: mette.m.seldal@uia.no
Phone: +47 38142550
Mobile phone: +4793421206

Office 9I260A (Universitetsveien 19, 4630 Kristiansand, Norway)

Research groups

Financial and economic behavior

Areas of responsibility

Graduated with a master's in International Management and Strategy, form The School of Business and Law, University of Agder in 2016.

Has previously worked in the culture and tourism industry.

Research

Part of Research Group Economic and Financial Behaviour

Academic interests

Consumer behavior & behavioral economics

Tuition

ORG469 Entrepreneurial Opportunities and Concept Development

Seldal, Mette Marie Næser & Nyhus, Ellen Katrine (2022). Financial Vulnerability, Financial Literacy, and the Use of Digital Payment Technologies. Journal of Consumer Policy. ISSN 0168-7034. 45, p. 281–306. doi: 10.1007/s10603-022-09512-9. Full text in Research Archive Show summary
The purpose of this study is to test the notion that the use of digital payment methods, such as paying with a mobile phone, increases the risk of financial vulnerability. Research from the USA indicates such a relationship, and we study whether this finding can be generalized to other countries. Motivated by recent changes in EU legislation related to financial transactions, we also examine willingness to use social media companies for money transfers along with sharing bank account information with third-party financial services. Exploiting data collected from a representative sample of the Norwegian adult population (n = 2202), we identify differences in financial behaviour and characteristics between users and nonusers of different digital payment methods. In contrast to US studies, we find that mobile payment users were less financially vulnerable than nonusers and those women were more likely users of digital payment technologies than men. Younger generations and those with low financial literacy were more financially vulnerable than others, although we did not find this to be related to the use of mobile payment or other digital payment methods. The results show that there is a need for more research from different countries outside of the USA to obtain an understanding of the consequences of increased digitalization of financial services. In addition, as COVID-19 has shifted a vast amount of spending online and these newer payment technologies have become more available, we need to gain a better understanding of how they influence financial behaviour.

View all works in Cristin

Seldal, Mette Marie Næser & Nyhus, Ellen K. (2019). Characteristics of first adopters of new payment technologies and their financial behavior.

View all works in Cristin

Published Apr. 16, 2024 10:45 AM