Impact of E-Commerce Business Methods and Evaluation of Payment Methods in Nigeria

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Abstract

E-Commerce is a global trend and can be a viable source of economic reform in a nation. Nigeria, a third world country, is leaving no stone unturned to make life easier and more comfortable in this electronic age. Though developed countries are on the verge of conducting e-commerce securely and comfortably, Nigeria is absorbing techniques involved either by espionage, knowledge transfers, or other means.

Hence, the need for ensuring effectiveness, awareness among inhabitants, and security of resources involved must be taken into account. This paper highlights different levels of e-commerce participation among banks, service providers, and the public in Nigeria. A business-inclined metropolitan suburb of Lagos was used as a case study to evaluate citizenry involvement and opinions. Recommendations on the most suitable payment methods for citizenry were made based on their opinions.

Keywords

E-commerce payment methods, Evaluation of payment methods & Impact of E- commerce Business Methods

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How to Cite

Aliyu Saidu Aliyu; Ahmed Ahmed; Saeed Aliyu Abubakar. (2025). "Impact of E-Commerce Business Methods and Evaluation of Payment Methods in Nigeria." ESUI Business and Management Journal, 2(1), 69-74.

Publication Timeline

  • Received: March 27, 2025
  • Accepted: March 27, 2025
  • Published: March 27, 2025
  • Last Updated: April 19, 2026