Utilization of Standard Electronic Payment System among Private Higher Education Institutions in the Province of Albay





electronic payment system, mobile technology, online transaction, mixed method research design, Private Higher Education Institutions, Albay, Marawi City Philippines


Electronic Payment Systems, the transfer of funds through electronic or digital mediums. Several electronic payment options are available, including mobile wallets, bank cards, and mobile banking. Electronic payments are quick and efficient, and the fund transfer occurs instantly. Electronic payments are quickly gaining popularity in the Philippines, giving students a secure and practical means to pay for enrolment fees and other educational costs as schools adopt alternative learning techniques. The purpose of this research is to determine the status of electronic payment in the selected Private Higher Education Institutions (PHEIs) in the second district of Albay and propose a systematic model that HEIs can adopt to lessen the costs and risks of handling cash transactions. The study used a mixed method, the qualitative and quantitative research design, to analyze and hence boost the validity of the data. According to the data presented, the GCASH application is one of the most used applications when paying online. It is more accessible and less hassle to use. Furthermore, using the Kendall Coefficient of Concordance, the perception of the selected private HEIs has shown a significant correlation to each other, resulting in a rare use based on the data analysis. The selected private institutions currently take electronic payments. Still, they have not yet thought about giving students and parents the most control over those payments online, and schools are still adapting electronic payment systems.


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Author Biography

Rina Marie M. Espeleta, Bicol College

Daraga Albay, Philippines


Alalwan, A. A., Dwivedi, Y. K., & Rana, N. P. (2017). Factors influencing adoption of mobile banking by Jordanian bank customers: Extending UTAUT2 with trust. International Journal of Information Management, 37(3), 99-110.




How to Cite

Espeleta, R. M. (2022). Utilization of Standard Electronic Payment System among Private Higher Education Institutions in the Province of Albay. JPAIR Multidisciplinary Research, 50(1), 140–158. https://doi.org/10.7719/jpair.v50i1.571