Concerning the four selected segments, the segment 25-34 years has the largest population by age with 37.18 percent. Contrastingly, 45-54 years is ranked last, with 9.44 percent. Their difference, compared to 25-34 years, lies at 27.74 percentage points.
The Digital Payments market segment 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). The following are not included in this segment: transactions between businesses (business to business payments) and payment transactions at the point of sale where mobile card readers (terminals) are used.
A detailed methodology can be found in the Statista Digital Market Outlook.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (May 17, 2023). Demographics of digital payment users in the Philippines in 2021, by age [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/forecasts/1327059/users-digital-payments-market-age-distribution-philippines
Statista. "Demographics of digital payment users in the Philippines in 2021, by age." Chart. May 17, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/forecasts/1327059/users-digital-payments-market-age-distribution-philippines
Statista. (2023). Demographics of digital payment users in the Philippines in 2021, by age. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/forecasts/1327059/users-digital-payments-market-age-distribution-philippines
Statista. "Demographics of Digital Payment Users in The Philippines in 2021, by Age." Statista, Statista Inc., 17 May 2023, https://www.statista.com/forecasts/1327059/users-digital-payments-market-age-distribution-philippines
Statista, Demographics of digital payment users in the Philippines in 2021, by age Statista, https://www.statista.com/forecasts/1327059/users-digital-payments-market-age-distribution-philippines (last visited December 22, 2024)
Demographics of digital payment users in the Philippines in 2021, by age [Graph], Statista, May 17, 2023. [Online]. Available: https://www.statista.com/forecasts/1327059/users-digital-payments-market-age-distribution-philippines