According to a survey conducted by Rakuten Insight in the Philippines in October 2022, majority of respondents across all ages in the Philippines stated that they made e-payment transactions because it was convenient. Among the other reasons for using e-payment methods among Filipino respondents were accessibility and fast transactions.
Main reasons for making transactions through e-payment methods in the Philippines as of October 2022, by age group
Characteristic
16 to 24 years old
25 to 34 years old
35 to 44 years old
45 to 54 years old
55 years old and above
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Original question: what are your reasons for making e-payment transactions? (choose up to two answers)
The survey was conducted among
2.304 respondents aged 16 to 24 years old,
4.069 respondents aged 25 to 34 years old,
2.455 respondents aged 35 to 44 years old,
900 respondents aged 45 to 54 years,
315 respondents aged 55 years and above
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Rakuten Insight. (March 12, 2020). Main reasons for making transactions through e-payment methods in the Philippines as of October 2022, by age group [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1105569/philippines-reasons-for-making-e-payment-methods-by-age-group/
Rakuten Insight. "Main reasons for making transactions through e-payment methods in the Philippines as of October 2022, by age group." Chart. March 12, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1105569/philippines-reasons-for-making-e-payment-methods-by-age-group/
Rakuten Insight. (2020). Main reasons for making transactions through e-payment methods in the Philippines as of October 2022, by age group. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1105569/philippines-reasons-for-making-e-payment-methods-by-age-group/
Rakuten Insight. "Main Reasons for Making Transactions through E-payment Methods in The Philippines as of October 2022, by Age Group." Statista, Statista Inc., 12 Mar 2020, https://www.statista.com/statistics/1105569/philippines-reasons-for-making-e-payment-methods-by-age-group/
Rakuten Insight, Main reasons for making transactions through e-payment methods in the Philippines as of October 2022, by age group Statista, https://www.statista.com/statistics/1105569/philippines-reasons-for-making-e-payment-methods-by-age-group/ (last visited July 22, 2024)
Main reasons for making transactions through e-payment methods in the Philippines as of October 2022, by age group [Graph], Rakuten Insight, March 12, 2020. [Online]. Available: https://www.statista.com/statistics/1105569/philippines-reasons-for-making-e-payment-methods-by-age-group/