Philippines: digital payments users 2023

Concerning the three selected segments, the segment Digital Commerce has the largest number of users with 33.67 million users. Contrastingly, Digital Remittances is ranked last, with 0.18 million users. Their difference, compared to Digital Commerce, lies at 33.49 million users.

Find other insights concerning similar markets and segments, such as a ranking by country regarding average revenue per unit (ARPU) in the digital remittances segment of the fintech market and a ranking of subsegments in Thailand regarding share in the segment Digital Payments .

The Statista Market Insights cover a broad range of additional markets.

Total number of digital payment users in the Philippines in 2023, by segment (in millions)

Characteristic	Number of users in millions
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Special properties

All figures are estimates.

Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Digital Payments market segement is led by consumer transactions and includes payments for products and services which are made over the Internet as well as mobile payments at point of sale (POS) via smartphone applications and cross-border money transfers made over the internet (digital remittances). Transaction value equals money transfers out of the selected region.

Structure:

The three markets in Digital Payments include Digital Commerce, Mobile PoS payments, and Digital Remittances.

Additional Information:

The market comprises transaction values, average transaction value per user, users and user penetration rates. Transaction values in the Digital Payments market segment refers to consumer transactions made via the Internet or mobile wallets.

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