Digital payments overtook cash-based payments in the Philippines in 2023, accounting for roughly 53 percent of the total payments made in that year. The central bank of the Philippines continues actively to promote digital financial transactions among Filipinos.
Volume share of payments made in the Philippines from 2018 to 2023, by payment method
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Volume share of payments made in the Philippines from 2018 to 2023, by payment method
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Statista. (July 23, 2024). Volume share of payments made in the Philippines from 2018 to 2023, by payment method [Graph]. In Statista. Retrieved April 15, 2025, from https://www.statista.com/statistics/1245612/payments-volume-share-by-method-philippines/
Statista. "Volume share of payments made in the Philippines from 2018 to 2023, by payment method." Chart. July 23, 2024. Statista. Accessed April 15, 2025. https://www.statista.com/statistics/1245612/payments-volume-share-by-method-philippines/
Statista. (2024). Volume share of payments made in the Philippines from 2018 to 2023, by payment method. Statista. Statista Inc.. Accessed: April 15, 2025. https://www.statista.com/statistics/1245612/payments-volume-share-by-method-philippines/
Statista. "Volume Share of Payments Made in The Philippines from 2018 to 2023, by Payment Method." Statista, Statista Inc., 23 Jul 2024, https://www.statista.com/statistics/1245612/payments-volume-share-by-method-philippines/
Statista, Volume share of payments made in the Philippines from 2018 to 2023, by payment method Statista, https://www.statista.com/statistics/1245612/payments-volume-share-by-method-philippines/ (last visited April 15, 2025)
Volume share of payments made in the Philippines from 2018 to 2023, by payment method [Graph], Statista, July 23, 2024. [Online]. Available: https://www.statista.com/statistics/1245612/payments-volume-share-by-method-philippines/
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