In 2022, digital payments accounted for 40.1 percent of the total value of payments in the Philippines. This indicated a slight decrease from the peak share in 2021 of about 44 percent. However, offline payment methods remain more popular among Filipino consumers.
Value share of digital payments made in the Philippines from 2018 to 2022
Characteristic
Share of payments
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BSP. (June 21, 2023). Value share of digital payments made in the Philippines from 2018 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1246205/payments-value-share-by-method-philippines/
BSP. "Value share of digital payments made in the Philippines from 2018 to 2022." Chart. June 21, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1246205/payments-value-share-by-method-philippines/
BSP. (2023). Value share of digital payments made in the Philippines from 2018 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1246205/payments-value-share-by-method-philippines/
BSP. "Value Share of Digital Payments Made in The Philippines from 2018 to 2022." Statista, Statista Inc., 21 Jun 2023, https://www.statista.com/statistics/1246205/payments-value-share-by-method-philippines/
BSP, Value share of digital payments made in the Philippines from 2018 to 2022 Statista, https://www.statista.com/statistics/1246205/payments-value-share-by-method-philippines/ (last visited July 22, 2024)
Value share of digital payments made in the Philippines from 2018 to 2022 [Graph], BSP, June 21, 2023. [Online]. Available: https://www.statista.com/statistics/1246205/payments-value-share-by-method-philippines/