EFFECT OF MODERN TECHNOLOGY ON YOUNG ENTREPRENEURS: EVIDENCE FROM POS AGENT BANKING IN KANO STATE
Hauwa Garba Ahmed
Volume 9 Issue 2
Abstract
The study aimed to assess the effect of modern technology on teeming young entrepreneurs: Evidence from POS Bank Agents banking in Kano metropolis. The study used descriptive survey research design. It used primary data from the administered questionnaire. The population size used for this study was 122 selected POS Bank Agents in Kano Metropolis during the period under review, while the same number was implemented as the sample size. Census sampling method was employed for the study while multiple regression analyses using E-view version 23 statistical software package was used to analyze the data and tested only one out of the three formulated hypotheses at 5% level of significance. The study found that there is a significant impact between modern technology of ATM Banking on or amongst young entrepreneurs from the selected POS Bank Agents in the Metropolis. The study concluded that most of the researchers found modern technology of POS using ATM Banking/Card as a catalyst for entrepreneurship creation and financial service delivery as various banking agencies have promoted the various financial services delivery through the imminent young POS entrepreneurs, ATM, and mobile banking services in Nigeria with specific reference to Kano metropolis. The study recommended that as modern technology in POS system has become more advanced and accepted amongst young entrepreneurs it can also be used to offer additional services to customers beyond just processing. This will create new job opportunities for individuals with the necessary skills to provide these additional services. Keywords: Young Entrepreneurs, Modern Technology, Banking and POS Agents
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