In 2023, 65 percent of the total volume of peer-to-peer (P2P) payments in the Philippines were made through digital payment. That was 17 percent more than in the previous year. Remittances have been driving the increase in digital P2P payment transactions in the Philippines recently.
Volume share of digital payments made by individual consumers in the Philippines from 2018 to 2023
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BSP. (July 23, 2024). Volume share of digital payments made by individual consumers in the Philippines from 2018 to 2023 [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1245811/payments-made-by-people-volume-share-by-method-philippines/
BSP. "Volume share of digital payments made by individual consumers in the Philippines from 2018 to 2023." Chart. July 23, 2024. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1245811/payments-made-by-people-volume-share-by-method-philippines/
BSP. (2024). Volume share of digital payments made by individual consumers in the Philippines from 2018 to 2023. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1245811/payments-made-by-people-volume-share-by-method-philippines/
BSP. "Volume Share of Digital Payments Made by Individual Consumers in The Philippines from 2018 to 2023." Statista, Statista Inc., 23 Jul 2024, https://www.statista.com/statistics/1245811/payments-made-by-people-volume-share-by-method-philippines/
BSP, Volume share of digital payments made by individual consumers in the Philippines from 2018 to 2023 Statista, https://www.statista.com/statistics/1245811/payments-made-by-people-volume-share-by-method-philippines/ (last visited December 26, 2024)
Volume share of digital payments made by individual consumers in the Philippines from 2018 to 2023 [Graph], BSP, July 23, 2024. [Online]. Available: https://www.statista.com/statistics/1245811/payments-made-by-people-volume-share-by-method-philippines/
