Evaluating the Impact of Electronic Payment Systems on Service Delivery: A Case Study of Warri Refining Petroleum Company

Authors

  • Abolore Kamaldeen Shehu Department of Oil and Gas Management, Global Wealth University, Nigeria
  • Peter Chifum Bardi Department of Oil and Gas Management, Global Wealth University, Nigeria

Keywords:

Electronic Payment Systems, Service Delivery, Oil and Gas Industry, Customer Satisfaction, Warri Refining Petroleum Company

Abstract

This study assesses the impact of electronic payment systems on service delivery at Warri Refining Petroleum Company (WRPC). Using a survey research design, data were collected from 250 participants through structured questionnaires and analyzed with SPSS. The findings indicate that the adoption of e-payment systems has significantly improved service delivery by reducing transaction turnaround times, enhancing customer satisfaction, and minimizing the risks associated with physical cash handling. Key benefits include increased convenience, reduced waiting times, and overall cost savings. Despite some challenges such as frequent service issues and security concerns, the study demonstrates the substantial positive effects of e-payment systems. Also, further investment in technology and increased customer education to optimize the benefits of electronic payments in the oil and gas industry.

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Published

2024-09-30

How to Cite

Shehu, A. K., & Bardi, P. C. (2024). Evaluating the Impact of Electronic Payment Systems on Service Delivery: A Case Study of Warri Refining Petroleum Company. Faculty of Natural and Applied Sciences Journal of Applied and Physical Sciences, 2(1), 20–25. Retrieved from https://fnasjournals.com/index.php/FNAS-JAPS/article/view/442